WOTS MON APR 13 2020
The Markets:
Missed Asian markets
Futures are currently red DOW 1.27% 302 23317 SN p 1.27% NDX 1.08%
UK markets are closed for Monday Easter
Precious Metals:
Gold is 1690 red Silver is 15.79 red Copper green at 233 Platinum red at 746
brent is at 31 in the red
Favorite Currencies Forex Quotes
| Symbol | Bid | Ask | High | Low | Open | Change | Time |
|---|---|---|---|---|---|---|---|
| USD/IQD |  1156.1000 |  1210.9000 | 1191.2000 | 1188.5000 | 1191.2000 | -3.1000 | 13:18 |
| USD/VND | 22922.0400 | 23652.3900 | 23501.7800 | 23487.5000 | 23491.6600 | 20.8400 | 15:00 |
| USD/CNY | 7.0529 | 7.0549 | 7.0533 | 7.0351 | 7.0352 | 0.0176 | 05:02 |
| USD/KWD | 0.0000 | 0.0000 | 0.3120 | 0.3110 | 0.3110 | 0.0010 | 00:00 |
| GBP/USD | 1.2502 | 1.2505 | 1.2535 | 1.2440 | 1.2444 | 0.0055 | 05:02 |
| USD/IRR | 0.0000 | 0.0000 | 42097.5000 | 42097.5000 | 42097.5000 | 97.5000 | 00:00 |
| USD/IDR |  15702.0000 | 15722.0000 | 15841.0000 | 15625.0000 | 15786.0000 | -97.0000 | 05:01 |
Things in the News:
All 50 states under disaster declaration for first time in history...
EASTER REBELLION: Florida pastor, others flout stay-home orders...
EASTER REBELLION: Florida pastor, others flout stay-home orders...
'People, People, People' as Lines Stretch Across America...
Food banks overwhelmed...
Iraqi Articles:
economist: iraq will not be able to approve an investment budget for the current year
Between the economic expert, Wissam Al-Tamimi, today, Sunday, that Iraq will not be able to approve an investment budget for the current year, pointing out that the decline in oil prices had a negative impact on the budget.
Al-Tamimi said, "Two thirds of the budget goes to salaries (the operational budget), at a time when Iraq witnessed the launch of thousands of job grades without any account or advance plan to secure their salaries."
He added, "The coming period will put the government in front of difficult options, as you must find a plan to secure the salaries of employees, especially the new ones. Therefore, it will resort to not approving any investment budget for the current year if it decides to vote on the budget."
And, "The best for the government is to continue with an operational budget only, while postponing the new job grades until next year by temporarily freezing their work and not separating the job until oil prices recover and preparing an integrated plan to secure salaries and find alternatives to supplement the budget away from oil."
Al-Tamimi said, "Two thirds of the budget goes to salaries (the operational budget), at a time when Iraq witnessed the launch of thousands of job grades without any account or advance plan to secure their salaries."
He added, "The coming period will put the government in front of difficult options, as you must find a plan to secure the salaries of employees, especially the new ones. Therefore, it will resort to not approving any investment budget for the current year if it decides to vote on the budget."
And, "The best for the government is to continue with an operational budget only, while postponing the new job grades until next year by temporarily freezing their work and not separating the job until oil prices recover and preparing an integrated plan to secure salaries and find alternatives to supplement the budget away from oil."
Legal affirms: Al-Kazemi’s last constitutional opportunity!
Legal expert Ali al-Tamimi, Sunday, counted the candidate Mustafa al-Kazemi as the last legal opportunity candidate according to Article 76, indicating that in the event of failure he will head the republic to dissolve parliament and announce early elections.
Al-Tamimi said that “Article 76 of the constitution granted the president of the republic three times, and in case the first fails, the second is charged and then the third.”
He added that “Al-Kazemi’s candidate is considered the last legal opportunity according to the constitutional article and he has 30 days to present his government and his ministerial curriculum.”
He explained, “The President of the Republic then goes to dissolve parliament and announce early elections within 60 days.”
Al-Amiri: Iraq will face the most difficult fiscal year since 2003
On Sunday, energy consultant Falah al-Amiri warned that Iraq would face the most difficult fiscal year since 2003, calling on the government to prepare an emergency budget and take quick steps to remedy the crisis.
Al-Amiri said in statements followed by / information /, that "the share of Iraq in reducing oil (after the OPEC meeting) by 1.061 million barrels per day is surprising", indicating that "the size of the global reserve and storage is very large, and that what has been reduced represents 23% ”
He added that "if Iraq fully applies this agreement, it will cause problems, because it has contracts and obligations with international companies," stressing "the importance of the Ministry of Oil understanding with companies to reduce 30 percent of production costs."
He pointed out that "the previous financial budget calculated 56 dollars per barrel of oil, with a large deficit, and that despite expectations of an increase in the price of oil during the coming period to 40 - 45 dollars, it will be the most difficult fiscal year that passes since Iraq in 2003", calling on the government to " Prepare an emergency budget and take quick steps to remedy the crisis.
He added that "if Iraq fully applies this agreement, it will cause problems, because it has contracts and obligations with international companies," stressing "the importance of the Ministry of Oil understanding with companies to reduce 30 percent of production costs."
He pointed out that "the previous financial budget calculated 56 dollars per barrel of oil, with a large deficit, and that despite expectations of an increase in the price of oil during the coming period to 40 - 45 dollars, it will be the most difficult fiscal year that passes since Iraq in 2003", calling on the government to " Prepare an emergency budget and take quick steps to remedy the crisis.
An economist explains the reason for the fluctuation of the dollar exchange rate, despite the cessation of most commercial transactions
The economic expert, Abdul Rahman Al-Mashhadani, spoke today, Sunday, of the reasons for the fluctuation of the dollar exchange rates in Iraq, despite the suspension of most commercial transactions, as a result of the decisions of the Crisis Cell regarding the .prevention of the outbreak of the Corona epidemic
Al-Mashhadani told (Baghdad today), "The reasons for fluctuating dollar prices against the Iraqi dinar, despite the imposition of a curfew and the strict measures taken by the crisis cell, and what Iraq is witnessing in stopping most of the commercial transactions, is due to the " .demand that the central bank has stopped supplying it to traders as of From the 16-3 day
And that "the banking offices were preparing the largest percentage of imports, and therefore ".we see an increase in demand for the dollar, despite the curfew and the halt of traffic
He indicated that "the dollar's rise is within the normal rates, especially when the central ".bank begins paying the transfers due from the 16th to the 24th last month
He explained that "the measures of the Central Bank were sound and summarized in the summary of foreign remittances operations to import food and health supplies and see low ".sales and control of the exchange rate
He noted, "Once the general situation in Iraq improves, the cash sale and procedures will ".return to normal then He believed that "the reassuring thing in the current situation is that, in the past, political and economic crises occurred if they occurred in a specific region, because traders migrate and the dollar demand increases and begins to maintain it, but this time the crisis is equal in all ".countries of the world
Economist: The Iraq Stock Exchange needs a major review
The economist Manar Al-Ubaidi explained the details of the reality of buying and selling operations in the Iraq Stock Exchange.
He said in a statement, Alsumaria News received, a copy of it, "The number of companies listed on the Iraq Stock Exchange in its last dealings reached 116 companies with a market value of 11.6 trillion dinars, where 53 companies were traded in the regular market while 27 companies were traded in the second market. Shares of 36 companies are trading in 2019.
He added, "The market did not achieve more than 2.84% of the value of shares traded, which is a very low percentage compared to the markets of neighboring countries, which has a rate of 10%. Note that some active markets reach the ratio to more than 100%."
He continued, "The banking sector occupied the largest percentage of shares traded, as the banking sector accounted for 82% of the total sector, followed by the industrial sector at 11%, while the rest of the sectors as a whole did not achieve a percentage of more than 6%."
And that "the Iraqi market for securities despite being a major pillar in the economies of many countries needs a major review of the market performance as financial markets are an attractive destination for investment in all countries and a system for withdrawing chunky money, which is estimated at about 13 billion dollars, according to central bank statistics."
Al-Obaidi stressed that "the weakness of the market is due, despite the fact that there is a real desire among all small and large investors, due to several factors, including the market's inability to market investment in the Iraqi market in addition to the weakness of the market in putting pressure on listed companies to launch their shares instead of listing them in most of them within The boards of directors, in addition to the market’s inability to attract private sector companies and joint-stock companies by listing on the market due to poor marketing and weak ability to persuade those companies to list. ”
Al-Ubaidi called "the management of the market to keep abreast of modern technologies that allow easy trading through electronic platforms and work to develop the current capabilities of the market and raise the market to the level of the markets of neighboring countries."
They held an auction on Sunday sold $220,887,967. No Cash
CBI, ISX,Dinar Guru:
CBI Update: IT SEEMS the CLOSURES have BEEN Extended WE SHALL SEE
Click on the link above for the latest update.
The CBI for rate is.
The currency auction total sales amount $ 0. No Auction today
ISX Update: At my last checking
Failure to organize trading sessions 17 / 3-2020 / 3/23
it's a document in Arabic but these are the words
Iraq Stock Exchange Iraq market for ur number: Date: \ ۷/۱۹ / C To the Securities Commission What is the lack of organization of trading sessions 3/17 - 3/23/2020
We give you our best regards. . .
Based on the decisions of the Health Crisis Cell dated 3/15/2020.
The Board of Governors decided not to organize trading sessions and stop trading activity in securities as of Tuesday 3/17/2020 to enable brokerage firms and investors to complete financial settlements between them and the clearing bank until Monday. 3/23/2020 The trading session after suspension is organized on Tuesday 3/23/2020 according to instructions and rules with appreciation CURFEW EXTENDED to APRIL 18th
Taha Ahmed Abdel Salam Duran Soran
Shares Traded: N/A
Value Traded: N/A
4-13-2020 Intel Guru Frank26 Pompeo was there...he actually told them look CBI, GOI all of you. You have until May 1st that's it. What does that mean? Is it a threat? I think the meaning is we are in control now...I think if not they are going to take over and I'm sure Iraq doesn't want that. So Pompeo comes out and says you've got until May 1. Then today [last week] he comes out and tells the American citizens the economy is going to BOOM! Boom or explode whatever he said - at the end of April. The end of April is the same as May 1st. Something is going on...
4-12-2020 Newshound/Intel Guru Francis Albert Russia, Saudi Arabia, Mexico with U.S. help reach "Historic" deal to cut about 10 Million Barrels per day. So, if higher prices play into our investment, then IMO, oil prices will rise at the opening bell tomorrow.
4-12-2020 Newshound Guru Jeff We're gonna see how long they keep extending this date out {quarantine date in Iraq}. We're gonna follow the ISX. We're gonna see how long they keep that shut down. We're gonna follow the currency auctions to make sure they don't have more currency auctions. If they they don't have any more currency auctions and the ISX stays closing...IMO throughout this week you will not see any more currency auctions...we won't see any more until they publicly bring us the rate change. That will confirm everything I've shared...they have already changed the rate but they have to hide it from you until they see the coronavirus numbers coming down to a low enough level to where it's safe for you and I to go into the banks and actually physically work with the bankers so they're not put at any kind of risk...
4-12-2020 Intel Guru RayRen98 Political analyst, Wasiq Al Hashemi, confirmed on Saturday that the assignment of the new Prime Minister, Mustafa Al-Kazemi, came with the blessing of the seven Shiite forces and with the blessing of the United States, indicating that Al-Kazemi initiated negotiations to form a government. The biggest obstacle to the negotiations is the coronavirus crisis and the budget for this year. Hezbollah brigades have come out against Al-Kazemi saying he's backed by USA and designed to have American influence. They are sanctioning billboards in refusal of Al-Kazemi saying he will have a difficult task passing.
4-12-2020 Guest Guru Nathan ...This thing will come to an end within a couple of months. The end might not mean everybody walks away a millionaire. The end might mean you may only get a couple of pennies per IQD. Still a huge phenomenal return. What is it now 1/10th of a penny. Are you telling me if there's an announcement made through the U.S. Treasury or something that you have a period of 3 weeks to redeem your Iraqi dinar and they're offering you a set price of 3 cents you're going to say, 'no I'm going to wait. You know this is a conspiracy. It's gonna float and go to $3.00.' Really? That's a big risk. Because if you get off at 3 cents I'll take it because it just doesn't work like that.
4-12-2020 Intel Guru Frank26 what did the video say? [Video released by the CBI] They talked about their currency from the very beginning and laid it out step by step to where they're at now. With all due respect who gives a squat about the history of a program rate currency for the last 17 years? You see the importance? ...IMO the CBI currency history video is very powerful and is part of the trickling down of information we been telling you about...in our opinion these are the things that were to be laid out to the citizens and before they raised the value of their currency. It's here...the CBI is making it very clear to the citizens of Iraq, they're guaranteeing them there's a new currency coming. That video was so powerful.
4-12-2020 Newshound Guru Jeff ...I am not expecting anything this weekend...my next personal timer frame is next weekend...as long as they don't have any currency auctions, as long as the ISX stays closed...Why haven't we see it yet? This is very simple. It's the coronavirus...they do not want us in the middle of the virus when it's hitting really high highs. They don't want us storming into the banks...that puts the bankers at tremendous risk...IMO those are the reasons why they are simply not allowing the rate to be publicly changed now... [Post 2 of 2]
4-12-2020 Newshound Guru Jeff I don't believe the rate will change as of this weekend...Iraq is the only country in the world to have shut down their stock exchange. That's huge...IMO the rate did change...but it's only changed on the accounting books. It's not in the public realm. That is why Iraq had to shut down all their markets and also why they had to sneak in the last two currency auctions...they had to close out all the old accounting books for the fiscal year of 2019 before the rate could change. IMO the rate did change privately on the backend over the weekend of 3-21 and 3-22... [Post 1 of 2....stay tuned]
4-12-2020 Guest Guru Nathan I've never been put under an NDA. So when you hear all this 'they're under an NDA.' 'They'll be put under NDA'...as far as I know in this community I'm the only one that's actually transacted on IQD and I've never once been put under NDA.
Catnip's Corner:
***************
ARTICLE 1-A (from PM Mahdi's website; posted on both Arabic and English sides)
Designated Prime Minister, Mr. Mustafa Al-Kazemi receives the Special Representative of the Secretary-General
The Prime Minister-designate, Mr. Mustafa Al-Kazemi, received at his office at the Government Palace this afternoon, the Special Representative of the Secretary-General in Iraq, Mrs. Jenin Hennes-Blackshart.
The development of the government formation, efforts to confront the Corona pandemic, and the continuation of cooperation and coordination between Iraq and the United Nations were discussed.
Mr. Al-Kazemi expressed his satisfaction with the conduct of the government formation consultations and his aspiration for everyone's cooperation and enabling the government to work to meet the needs of citizens and respond to their legitimate aspirations.
While the representative of the Secretary-General confirmed her support for the efforts to form the new government in light of the national consensus and the desire to increase joint cooperation.
Media Office of the Prime Minister-designate
2020-4-12
***************
ARTICLE 1-B (from PM Mahdi's website; posted on both Arabic and English sides)
The Designated Prime Minister continues his consultations to form the new government
The Prime Minister-designate, Mr. Mustafa Al-Kazemi, continues the consultations to form the new government in a positive atmosphere with the cooperation of political blocs and social activities, and according to the directions announced in his speech, where he conducted during the past days a series of meetings and consultations during which he affirmed his intention to present his government program and to form the new government as soon as possible .
Media Office of the Prime Minister-designate
2020-4-12
***************
ARTICLE 1-C (from PM Mahdi's website; posted on both Arabic and English sides)
The Energy Ministerial Council examines oil prices and supports the stability of electric power
The Ministerial Council for Energy held a meeting today, Sunday, headed by Prime Minister Adel Abdul Mahdi, and attended by the ministers of oil, electricity and water resources, and a number of deputy ministers and consultants.
The meeting discussed developments in world oil prices, the participation of the Iraqi delegation in the meeting of the Organization of Petroleum Exporting Countries OPEC, the economic effects of the decline in oil prices in the shadow of the Corona pandemic, as well as supporting the stability of electrical energy in Iraq and the areas of production and distribution, providing the necessary fuel, and discussed the preparations of the Ministry of Electricity for the coming summer season, and took a number From the procedures and recommendations on them.
Media office of the Prime Minister
12-April-2020
***************
ARTICLE 1-D (from PM Mahdi's website; posted on both Arabic and English sides)
Prime Minister Adel Abdul-Mahdi congratulates Christians on the occasion of Easter
I offer the most sincere congratulations and blessings to our Christian brothers and sisters on the occasion of (Easter), and at a time when these days stand with their brothers in the homeland, a pause of unity, solidarity and interdependence as is their covenant in all circumstances.
My sincere congratulations to Christians in Iraq and the world, and every year, our honorable people, a thousand good.
Adel Abdul-Mahdi
Prime Minister
12-April-2020
*************
ARTICLE 2 (from Government of Iraq twitter account)
@IraqiGovt 4-12-2020 around 5:30 am Eastern
Best wishes for a Happy Easter to Christians in Iraq and around the world.
*************
ARTICLE 3
CBI Update: IT SEEMS the CLOSURES have BEEN Extended WE SHALL SEE
Click on the link above for the latest update.
The CBI for rate is.
The currency auction total sales amount $ 0. No Auction today
ISX Update: At my last checking
Failure to organize trading sessions 17 / 3-2020 / 3/23
it's a document in Arabic but these are the words
Iraq Stock Exchange Iraq market for ur number: Date: \ ۷/۱۹ / C To the Securities Commission What is the lack of organization of trading sessions 3/17 - 3/23/2020
We give you our best regards. . .
Based on the decisions of the Health Crisis Cell dated 3/15/2020.
The Board of Governors decided not to organize trading sessions and stop trading activity in securities as of Tuesday 3/17/2020 to enable brokerage firms and investors to complete financial settlements between them and the clearing bank until Monday. 3/23/2020 The trading session after suspension is organized on Tuesday 3/23/2020 according to instructions and rules with appreciation CURFEW EXTENDED to APRIL 18th
Taha Ahmed Abdel Salam Duran Soran
Shares Traded: N/A
Value Traded: N/A
4-13-2020 Intel Guru Frank26 Pompeo was there...he actually told them look CBI, GOI all of you. You have until May 1st that's it. What does that mean? Is it a threat? I think the meaning is we are in control now...I think if not they are going to take over and I'm sure Iraq doesn't want that. So Pompeo comes out and says you've got until May 1. Then today [last week] he comes out and tells the American citizens the economy is going to BOOM! Boom or explode whatever he said - at the end of April. The end of April is the same as May 1st. Something is going on...
4-12-2020 Newshound/Intel Guru Francis Albert Russia, Saudi Arabia, Mexico with U.S. help reach "Historic" deal to cut about 10 Million Barrels per day. So, if higher prices play into our investment, then IMO, oil prices will rise at the opening bell tomorrow.
4-12-2020 Newshound Guru Jeff We're gonna see how long they keep extending this date out {quarantine date in Iraq}. We're gonna follow the ISX. We're gonna see how long they keep that shut down. We're gonna follow the currency auctions to make sure they don't have more currency auctions. If they they don't have any more currency auctions and the ISX stays closing...IMO throughout this week you will not see any more currency auctions...we won't see any more until they publicly bring us the rate change. That will confirm everything I've shared...they have already changed the rate but they have to hide it from you until they see the coronavirus numbers coming down to a low enough level to where it's safe for you and I to go into the banks and actually physically work with the bankers so they're not put at any kind of risk...
4-12-2020 Intel Guru RayRen98 Political analyst, Wasiq Al Hashemi, confirmed on Saturday that the assignment of the new Prime Minister, Mustafa Al-Kazemi, came with the blessing of the seven Shiite forces and with the blessing of the United States, indicating that Al-Kazemi initiated negotiations to form a government. The biggest obstacle to the negotiations is the coronavirus crisis and the budget for this year. Hezbollah brigades have come out against Al-Kazemi saying he's backed by USA and designed to have American influence. They are sanctioning billboards in refusal of Al-Kazemi saying he will have a difficult task passing.
4-12-2020 Guest Guru Nathan ...This thing will come to an end within a couple of months. The end might not mean everybody walks away a millionaire. The end might mean you may only get a couple of pennies per IQD. Still a huge phenomenal return. What is it now 1/10th of a penny. Are you telling me if there's an announcement made through the U.S. Treasury or something that you have a period of 3 weeks to redeem your Iraqi dinar and they're offering you a set price of 3 cents you're going to say, 'no I'm going to wait. You know this is a conspiracy. It's gonna float and go to $3.00.' Really? That's a big risk. Because if you get off at 3 cents I'll take it because it just doesn't work like that.
4-12-2020 Intel Guru Frank26 what did the video say? [Video released by the CBI] They talked about their currency from the very beginning and laid it out step by step to where they're at now. With all due respect who gives a squat about the history of a program rate currency for the last 17 years? You see the importance? ...IMO the CBI currency history video is very powerful and is part of the trickling down of information we been telling you about...in our opinion these are the things that were to be laid out to the citizens and before they raised the value of their currency. It's here...the CBI is making it very clear to the citizens of Iraq, they're guaranteeing them there's a new currency coming. That video was so powerful.
4-12-2020 Newshound Guru Jeff ...I am not expecting anything this weekend...my next personal timer frame is next weekend...as long as they don't have any currency auctions, as long as the ISX stays closed...Why haven't we see it yet? This is very simple. It's the coronavirus...they do not want us in the middle of the virus when it's hitting really high highs. They don't want us storming into the banks...that puts the bankers at tremendous risk...IMO those are the reasons why they are simply not allowing the rate to be publicly changed now... [Post 2 of 2]
4-12-2020 Newshound Guru Jeff I don't believe the rate will change as of this weekend...Iraq is the only country in the world to have shut down their stock exchange. That's huge...IMO the rate did change...but it's only changed on the accounting books. It's not in the public realm. That is why Iraq had to shut down all their markets and also why they had to sneak in the last two currency auctions...they had to close out all the old accounting books for the fiscal year of 2019 before the rate could change. IMO the rate did change privately on the backend over the weekend of 3-21 and 3-22... [Post 1 of 2....stay tuned]
4-12-2020 Guest Guru Nathan I've never been put under an NDA. So when you hear all this 'they're under an NDA.' 'They'll be put under NDA'...as far as I know in this community I'm the only one that's actually transacted on IQD and I've never once been put under NDA.
4-12-2020 Newshound Guru Jeff We're gonna see how long they keep extending this date out {quarantine date in Iraq}. We're gonna follow the ISX. We're gonna see how long they keep that shut down. We're gonna follow the currency auctions to make sure they don't have more currency auctions. If they they don't have any more currency auctions and the ISX stays closing...IMO throughout this week you will not see any more currency auctions...we won't see any more until they publicly bring us the rate change. That will confirm everything I've shared...they have already changed the rate but they have to hide it from you until they see the coronavirus numbers coming down to a low enough level to where it's safe for you and I to go into the banks and actually physically work with the bankers so they're not put at any kind of risk...
4-12-2020 Intel Guru RayRen98 Political analyst, Wasiq Al Hashemi, confirmed on Saturday that the assignment of the new Prime Minister, Mustafa Al-Kazemi, came with the blessing of the seven Shiite forces and with the blessing of the United States, indicating that Al-Kazemi initiated negotiations to form a government. The biggest obstacle to the negotiations is the coronavirus crisis and the budget for this year. Hezbollah brigades have come out against Al-Kazemi saying he's backed by USA and designed to have American influence. They are sanctioning billboards in refusal of Al-Kazemi saying he will have a difficult task passing.
4-12-2020 Guest Guru Nathan ...This thing will come to an end within a couple of months. The end might not mean everybody walks away a millionaire. The end might mean you may only get a couple of pennies per IQD. Still a huge phenomenal return. What is it now 1/10th of a penny. Are you telling me if there's an announcement made through the U.S. Treasury or something that you have a period of 3 weeks to redeem your Iraqi dinar and they're offering you a set price of 3 cents you're going to say, 'no I'm going to wait. You know this is a conspiracy. It's gonna float and go to $3.00.' Really? That's a big risk. Because if you get off at 3 cents I'll take it because it just doesn't work like that.
4-12-2020 Intel Guru Frank26 what did the video say? [Video released by the CBI] They talked about their currency from the very beginning and laid it out step by step to where they're at now. With all due respect who gives a squat about the history of a program rate currency for the last 17 years? You see the importance? ...IMO the CBI currency history video is very powerful and is part of the trickling down of information we been telling you about...in our opinion these are the things that were to be laid out to the citizens and before they raised the value of their currency. It's here...the CBI is making it very clear to the citizens of Iraq, they're guaranteeing them there's a new currency coming. That video was so powerful.
4-12-2020 Newshound Guru Jeff ...I am not expecting anything this weekend...my next personal timer frame is next weekend...as long as they don't have any currency auctions, as long as the ISX stays closed...Why haven't we see it yet? This is very simple. It's the coronavirus...they do not want us in the middle of the virus when it's hitting really high highs. They don't want us storming into the banks...that puts the bankers at tremendous risk...IMO those are the reasons why they are simply not allowing the rate to be publicly changed now... [Post 2 of 2]
4-12-2020 Newshound Guru Jeff I don't believe the rate will change as of this weekend...Iraq is the only country in the world to have shut down their stock exchange. That's huge...IMO the rate did change...but it's only changed on the accounting books. It's not in the public realm. That is why Iraq had to shut down all their markets and also why they had to sneak in the last two currency auctions...they had to close out all the old accounting books for the fiscal year of 2019 before the rate could change. IMO the rate did change privately on the backend over the weekend of 3-21 and 3-22... [Post 1 of 2....stay tuned]
4-12-2020 Guest Guru Nathan I've never been put under an NDA. So when you hear all this 'they're under an NDA.' 'They'll be put under NDA'...as far as I know in this community I'm the only one that's actually transacted on IQD and I've never once been put under NDA.
Catnip's Corner:
***************
ARTICLE 1-A (from PM Mahdi's website; posted on both Arabic and English sides)
Designated Prime Minister, Mr. Mustafa Al-Kazemi receives the Special Representative of the Secretary-General
The Prime Minister-designate, Mr. Mustafa Al-Kazemi, received at his office at the Government Palace this afternoon, the Special Representative of the Secretary-General in Iraq, Mrs. Jenin Hennes-Blackshart.
The development of the government formation, efforts to confront the Corona pandemic, and the continuation of cooperation and coordination between Iraq and the United Nations were discussed.
Mr. Al-Kazemi expressed his satisfaction with the conduct of the government formation consultations and his aspiration for everyone's cooperation and enabling the government to work to meet the needs of citizens and respond to their legitimate aspirations.
While the representative of the Secretary-General confirmed her support for the efforts to form the new government in light of the national consensus and the desire to increase joint cooperation.
Media Office of the Prime Minister-designate
2020-4-12
***************
ARTICLE 1-B (from PM Mahdi's website; posted on both Arabic and English sides)
The Designated Prime Minister continues his consultations to form the new government
The Prime Minister-designate, Mr. Mustafa Al-Kazemi, continues the consultations to form the new government in a positive atmosphere with the cooperation of political blocs and social activities, and according to the directions announced in his speech, where he conducted during the past days a series of meetings and consultations during which he affirmed his intention to present his government program and to form the new government as soon as possible .
Media Office of the Prime Minister-designate
2020-4-12
***************
ARTICLE 1-C (from PM Mahdi's website; posted on both Arabic and English sides)
The Energy Ministerial Council examines oil prices and supports the stability of electric power
The Ministerial Council for Energy held a meeting today, Sunday, headed by Prime Minister Adel Abdul Mahdi, and attended by the ministers of oil, electricity and water resources, and a number of deputy ministers and consultants.
The meeting discussed developments in world oil prices, the participation of the Iraqi delegation in the meeting of the Organization of Petroleum Exporting Countries OPEC, the economic effects of the decline in oil prices in the shadow of the Corona pandemic, as well as supporting the stability of electrical energy in Iraq and the areas of production and distribution, providing the necessary fuel, and discussed the preparations of the Ministry of Electricity for the coming summer season, and took a number From the procedures and recommendations on them.
Media office of the Prime Minister
12-April-2020
***************
ARTICLE 1-D (from PM Mahdi's website; posted on both Arabic and English sides)
Prime Minister Adel Abdul-Mahdi congratulates Christians on the occasion of Easter
I offer the most sincere congratulations and blessings to our Christian brothers and sisters on the occasion of (Easter), and at a time when these days stand with their brothers in the homeland, a pause of unity, solidarity and interdependence as is their covenant in all circumstances.
My sincere congratulations to Christians in Iraq and the world, and every year, our honorable people, a thousand good.
Adel Abdul-Mahdi
Prime Minister
12-April-2020
*************
ARTICLE 2 (from Government of Iraq twitter account)
@IraqiGovt 4-12-2020 around 5:30 am Eastern
Best wishes for a Happy Easter to Christians in Iraq and around the world.
*************
ARTICLE 3
Alliance of Forces: There is a near-political and parliamentary consensus over the passage of the Al-Kazemi government
12/4/2020 17:25
Where's the news - Baghdad
The Iraqi Forces Alliance bloc confirmed the existence of a near-political consensus to expedite the granting of confidence to the new taxpayer and its cabinet.
"There is a near-political and parliamentary consensus to support the passage of Mustafa Al-Kazemi's government and the speedy granting of confidence to it before the House of Representatives," said Abdul-Khaliq Al-Azzawi, a member of the coalition, noting that "Iraq is witnessing a series of crises, including the Corona virus, the collapse of oil prices and its economic repercussions on the public budget."
He added that «there is political and parliamentary optimism about Al-Kazemi’s success in forming the new government within a limited period of time in order to proceed to follow up on the important files», indicating that «our demands and we are part of the Sunni political forces are the reconstruction of the liberated areas and the return of the displaced and the response to the demands of the demonstrators and create a partnership in the government decision and combat Financial and administrative corruption.
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ARTICLE 4
12/4/2020 17:25
Where's the news - Baghdad
The Iraqi Forces Alliance bloc confirmed the existence of a near-political consensus to expedite the granting of confidence to the new taxpayer and its cabinet.
"There is a near-political and parliamentary consensus to support the passage of Mustafa Al-Kazemi's government and the speedy granting of confidence to it before the House of Representatives," said Abdul-Khaliq Al-Azzawi, a member of the coalition, noting that "Iraq is witnessing a series of crises, including the Corona virus, the collapse of oil prices and its economic repercussions on the public budget."
He added that «there is political and parliamentary optimism about Al-Kazemi’s success in forming the new government within a limited period of time in order to proceed to follow up on the important files», indicating that «our demands and we are part of the Sunni political forces are the reconstruction of the liberated areas and the return of the displaced and the response to the demands of the demonstrators and create a partnership in the government decision and combat Financial and administrative corruption.
The Iraqi Forces Alliance bloc confirmed the existence of a near-political consensus to expedite the granting of confidence to the new taxpayer and its cabinet.
"There is a near-political and parliamentary consensus to support the passage of Mustafa Al-Kazemi's government and the speedy granting of confidence to it before the House of Representatives," said Abdul-Khaliq Al-Azzawi, a member of the coalition, noting that "Iraq is witnessing a series of crises, including the Corona virus, the collapse of oil prices and its economic repercussions on the public budget."
He added that «there is political and parliamentary optimism about Al-Kazemi’s success in forming the new government within a limited period of time in order to proceed to follow up on the important files», indicating that «our demands and we are part of the Sunni political forces are the reconstruction of the liberated areas and the return of the displaced and the response to the demands of the demonstrators and create a partnership in the government decision and combat Financial and administrative corruption.
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ARTICLE 4
His office: Al-Kazemi continues his consultations to form the new government
12/4/2020 21:24
[Baghdad-where]
The Prime Minister’s Office confirmed today, Sunday, that the official in charge of forming the new government, Mustafa Al-Kazemi, continues his consultations with the political blocs in a positive atmosphere.
"The Prime Minister-designate Mustafa Al-Kazemi continues to consult the formation of the new government in a positive atmosphere with the cooperation of political blocs and social activities, and according to the directions announced in his speech," the office said in a statement.
He added that "during the past few days he held a series of meetings and consultations during which he confirmed his intention to present his government program and to form the new government as soon as possible."
It is noteworthy that the President of the Republic, Barham Salih, commissioned Mustafa Al-Kazemi to form the new government last Thursday in the presence of the leaders of the political blocs, the heads of the Judicial Council and the Federal Court.
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ARTICLE 5
12/4/2020 21:24
[Baghdad-where]
The Prime Minister’s Office confirmed today, Sunday, that the official in charge of forming the new government, Mustafa Al-Kazemi, continues his consultations with the political blocs in a positive atmosphere.
"The Prime Minister-designate Mustafa Al-Kazemi continues to consult the formation of the new government in a positive atmosphere with the cooperation of political blocs and social activities, and according to the directions announced in his speech," the office said in a statement.
He added that "during the past few days he held a series of meetings and consultations during which he confirmed his intention to present his government program and to form the new government as soon as possible."
It is noteworthy that the President of the Republic, Barham Salih, commissioned Mustafa Al-Kazemi to form the new government last Thursday in the presence of the leaders of the political blocs, the heads of the Judicial Council and the Federal Court.
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ARTICLE 5
Deputy: Parliament will pass Al-Kazemi's government within ten days
12/4/2020 17:04
[Baghdad-where]
On Sunday, the deputy of the Al-Fateh Alliance Fadel Al-Fatlawi confirmed that the parliament will hold a session of granting confidence to the government of Prime Minister-designate Mustafa Al-Kazemi within ten days.
Al-Fatlawi said in a press statement, "Al-Kazemi began political consultations three days ago to choose his cabinet," noting that he will present his cabinet in a short time and the parliament will determine the session of granting confidence within ten days.
He added that "the Shiite political blocs fully supported Al-Kazemi and will continue to support it inside the House of Representatives," noting that "the Sunni and Kurdish forces officially announced their support for Al-Kazemi."
And that "Al-Kazemi will pass in parliament and will not face the fate of Al-Zarfi and Allawi."
Today, Sunday, the independent deputy, Basem Al-Khashan, confirmed that Parliament Speaker Mohamed Al-Halbousi will lose two ministries in the government of Prime Minister-designate Mustafa Al-Kazemi, while indicating that the loss of the two ministries will push Al-Halbousi to hinder the passage of Al-Kazemi’s government in Parliament.
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12/4/2020 17:04
[Baghdad-where]
On Sunday, the deputy of the Al-Fateh Alliance Fadel Al-Fatlawi confirmed that the parliament will hold a session of granting confidence to the government of Prime Minister-designate Mustafa Al-Kazemi within ten days.
Al-Fatlawi said in a press statement, "Al-Kazemi began political consultations three days ago to choose his cabinet," noting that he will present his cabinet in a short time and the parliament will determine the session of granting confidence within ten days.
He added that "the Shiite political blocs fully supported Al-Kazemi and will continue to support it inside the House of Representatives," noting that "the Sunni and Kurdish forces officially announced their support for Al-Kazemi."
And that "Al-Kazemi will pass in parliament and will not face the fate of Al-Zarfi and Allawi."
Today, Sunday, the independent deputy, Basem Al-Khashan, confirmed that Parliament Speaker Mohamed Al-Halbousi will lose two ministries in the government of Prime Minister-designate Mustafa Al-Kazemi, while indicating that the loss of the two ministries will push Al-Halbousi to hinder the passage of Al-Kazemi’s government in Parliament.
He added that "the Shiite political blocs fully supported Al-Kazemi and will continue to support it inside the House of Representatives," noting that "the Sunni and Kurdish forces officially announced their support for Al-Kazemi."
And that "Al-Kazemi will pass in parliament and will not face the fate of Al-Zarfi and Allawi."
Today, Sunday, the independent deputy, Basem Al-Khashan, confirmed that Parliament Speaker Mohamed Al-Halbousi will lose two ministries in the government of Prime Minister-designate Mustafa Al-Kazemi, while indicating that the loss of the two ministries will push Al-Halbousi to hinder the passage of Al-Kazemi’s government in Parliament.
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