The Markets:

Asian markes closed mixed NIK down 1.15% HSI down .21% and SHANG up .50%

Our futures are currently in the green DOW due to start up almost 3% SNP 2.68% and NDX 1.38%

PRecious Metals:

GOld is red at 1694

WTI Crude is at $13

Favorite Currencies Forex Quotes

Symbol	Bid	Ask	High	Low	Open	Change	Time
USD/IQD	1163.4000	1218.7000	1192.4000	1191.1000	1191.5000	-0.1000	11:24
USD/VND	23441.0000	23444.0000	23403.1600	23403.1600	23403.1600	2.9100	01:30
USD/CNY	7.0682	7.0702	7.0812	7.0676	7.0723	-0.0036	04:53
USD/KWD	0.3107	0.3117	0.3115	0.3106	0.3115	-0.0010	04:54
GBP/USD	1.2477	1.2478	1.2498	1.2434	1.2489	-0.0020	04:54
USD/IRR	42000.0000	42210.0000	42097.5000	42097.5000	42097.5000	97.5000	06:03
USD/IDR	15510.0000	15530.0000	15582.0000	15169.0000	15373.0000	-29.0000	04:53

Things in the News:

Next 45 days are 'most critical period in U.S. financial history'...

Rich Activate Pandemic Escape Plans...

VEGAS OPEN BY MEMORIAL DAY?

SECOND WAVE FEARS

OIL PLUMMETS MORE

Governors feel heat to reopen from protesters, president...

'Very Scary': Officials Dumbfounded by Packed FL Beaches...

Wildlife roams Yosemite...

Pig leads police on 45 minute chase...

Iraqi Articles:

Al-Kazemi will submit a request tomorrow to Parliament to hold a session granting confidence

to his cabinet, and Al-Sadr is changing his position regarding the government of the taxpayer!

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The leader of the Sadrist movement, Muqtada al-Sadr, issued a new position regarding the selection of the members of the ministerial cabinet of the commissioner, Mustafa Al-Kazemi, at a time when the parliamentary bloc Al-Fath announced that Al-Kazemi will submit a request to the Council of Representatives next Tuesday to hold a session to grant confidence to his cabinet.

Informed political sources said, "Al-Sadr conveyed messages to the political forces and Prime Minister-designate Mustafa Al-Kazimi regarding the selection of members of the cabinet cabinet, for the new government, in which he confirmed that he had no objection to the nomination of political forces as personalities for ministerial portfolios, provided that the candidate is independent and exclusively. He has competence and experience in his field. "

The sources indicated that "Al-Sadr changed his position in accepting the nomination of some political figures by the political forces to the ministerial portfolios, so that he would not be obstructed in passing the previous government, and to repeat the scenario of what happened with Muhammad Tawfiq Allawi, who the political forces refused to give him confidence in Parliament."

For his part, Al-Fateh deputy, Amer Al-Fayez said, "Al-Kazemi finished the cabinet, and tomorrow, Tuesday, he will submit a request to the parliament for a session to give confidence to his government."

He added that "the ministerial cabinet that Al-Kazemi will present to parliament will be from 22 ministries, but the names of some of the candidates for ministerial portfolios are subject to change within the next 24 hours."

The budget costs $ 18 billion .. Deputy: 250,000 people receive more than one salary

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Member of the Parliamentary Finance Committee Jamal Kujer revealed that there are more than 250,000 people who receive more than one salary. The budget costs annually more than 18 billion dollars, calling on the House of Representatives to issue a decision to choose that segment with one salary and cancel the rest.

Cougar said in an interview with Alsumaria News, "The economic crisis is severe and has greatly affected the world in general and Iraq in particular, which has caused a large budget deficit and the search for solutions to address that deficit and reduce waste of public money."

Cougar added, "There are more than 250,000 people, according to the International Monetary Fund, who receive more than two or three salaries and some of them reach five or nine," noting that "their salaries they receive within one year exceed 18 billion dollars." He stressed that "this file needs a decision by the House of Representatives for the person who has more than one salary, to choose one salary from what he has that contributes to the solution of an important part of the disability automatically."

Iraq faces an economic and financial crisis as a result of the low oil prices, which have reached less than 30 dollars, especially as Iraq relies mainly on revenues from the sale of oil in its public budget, as it constitutes more than 95% of these revenues.

Iraqis are mobilizing electronically to revive the protests with a new million

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Iraqi activists are mobilizing on social media to revive popular protests after the curfew imposed by the authorities across the country due to the Korna virus, to exit the "million" calling for the demands of last October's demonstrations.

The campaign, which activists called "the promise of returning the revolution", coincided with the start of Prime Minister-designate Mustafa Al-Kazemi with his consultations to form the interim, which is scheduled to prepare for early elections in response to the demands of the demonstrators.

“Catalysts of Return”

For his part, the head of the Center for Political Thinking, Dr. Ihsan al-Shammari, said that "the activists have the ability to return again in very large numbers to the protests, and are greatly motivated by the great economic crisis that Iraq is going through, and poor health services as a result of the spread of Corona and the accompanying curfew. ”

Al-Shammari added in an interview with “Arabi 21” that “the biggest catalyst for this return is the sympathizers who have hesitated in the past to join the protests, because this political class maneuvered a lot in meeting the demands of the demonstrators and changing the government of Adel Abdul Mahdi.”

The Iraqi political expert expressed his belief in the occurrence of a "very large" interaction with calls for the return of the protests, especially if Abdul-Mahdi's decision to reduce employee salaries was applied, as a result of the financial crisis in Iraq.

Regarding the consultations to form Al-Kazemi’s government, which are reported to be moving away from the independents and bringing in ministers nominated by political forces, Al-Shammari explained: “There is no doubt that returning to the custom of quotas is part of the mobilization that the leaders of the protest movement go on.”

Al-Shammari indicated that "the next stage will take two tracks. The first is: moving towards preserving their demands, even if they are gradual." The second: The protest movement will crystallize through this mobilization a political organization, and this provides it with a kind of space at the legislative and executive levels if the early elections are achieved.

He noted that "the Corona pandemic was a main reason for the lack of protesters in the protest yards, which is part of the health commitment, and outside the government act, but that specifically served the government of Abdul Mahdi, because it relieved a lot of pressure on the government, as it was facing charges of killing protesters." .

Al-Shammari said that in any case, "the protests will return if the demands of the demonstrators are not implemented, after the curfew imposed due to the spread of the Corona pandemic is finished."

In a previous statement to “Arabi 21”, the Iraqi parliamentarian, Ahmed Al-Hajj Rashid, confirmed that “the dark room consultations to form the Al-Kazemi government do not bode well,” warning that “returning to the quota system and sharing the parties to the government will lead to the outbreak of demonstrations again.”

“One million to come”

In the same context, one of the activists of Tahrir Square in Baghdad, who preferred to speak on behalf of “Ahmed”, said that “the mobilization of one million after the curfew has been taking place since the beginning of the month of April this year, and has increased dramatically during the past few days because of the consultations taking place to form Mustafa Al-Kazemi’s government. ”

Ahmed told "Arabi 21" that what motivated the activists to call for a strong revival of the revolution strongly, "is the attempt of the political forces to evade the demands of the Iraqi street and the blood it gave hundreds of young people and thousands of wounded, to end sectarian quotas and divide government positions between the parties."

He pointed out that "the current political class did not fulfill any promises to the Iraqi street, which came out with demonstrations that lasted for five months, and toppled the government of Adel Abdul-Mahdi, and demanded the trial of the killers of the demonstrators."

Activist Ahmed stressed that "those who call for reviving the revolution again are the youth who participated in the previous protests, despite the assassination of many of them and the forced disappearance of a number of other activists."

He indicated that the interaction with the invitations is great, adding: "We are optimistic about the exit of the Iraqi people by a million-dollar demonstration that displaces the sectarian political class that has held the reins of government for 17 years and brought it to the state it is today."

Concerning the Corona crisis, Ahmed saw it as a "great encouragement factor for citizens, to support the protests, because it exposed the weak state capabilities and the size of the plunder of the country's wealth, to make it without health structures the level of funds spent for the health sector, in addition to the lack of support for families who depend on daily income ”

The Iraqi activist pointed out that “Tahrir Square, in the middle of Baghdad, still includes the tents of the demonstrators. A small number of protesters are there, in addition to being in the building of the Turkish restaurant, which the protesters called "Mount Uhud", and which is of great importance to us. "

And issued, on Thursday, the hashtag "Promise to Return Revolution" on the platform "Twitter" in Iraq, amid great interaction from Iraqi activists, in addition to the arrival of a group on "Facebook" of the same name to more than 55 thousand subscribers.

It is noteworthy that the death toll of the demonstrations in Iraq reached 650, and wounded more than 27 thousand others, in which they accused pro-Iranian militias, security forces of firing live ammunition and tear gas, which were later found to violate the skulls, as human rights organizations have confirmed.

Despite the OPEC agreement ... expectations of a decline in the price of a barrel of oil to 10 dollars

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The world is awaiting the decline in oil prices in light of fears of its deterioration to unprecedented levels, and experts believe that this possibility exists until now with the failure of the countries that did not join the recent "OPEC +" agreement to reduce their production.

Experts believe that the quantity agreed upon recently (9.7 million barrels per day) is not sufficient to stabilize oil prices, and that "OPEC +" has reduced the maximum amount it can reduce, and that other countries should reduce their production, especially in light of the continued decline in oil demand with the stopping of activity Economist around the world.

Iraqi oil expert Hamza Al-Jawahiri says that America's failure to join the cut does not mean much, especially as it has shale oil and oil in the Gulf of Mexico in deep waters, the cost of its production exceeds $ 40, and some reach a higher number.

He adds in his speech to the Russian "Sputnik" website, that this oil will come out of the market against America, especially since the quantities of oil extracted from these types are not less than 5 million barrels, indicating that the United States of America does not want to commit itself to what it does not want to do, He added: "For example, Iraq’s share of the reduction million and 61 thousand barrels per day, if it was within the agreement, it would have been able to compensate for the share of Iraq without losing anything, but it does not want to do so, because Iraq is being targeted by it in an unspoken manner."

In his opinion, the issue of forcing America to join is not possible, especially since it learned from its other global participation, when it came out of it with a black face, the last of which was the exit from the World Health Organization.

After the recent agreement of "OPEC +", experts expected that oil prices will stabilize for a while, but that these expectations were based on the accession of other countries from outside "OPEC", but these countries have not yet announced a cut in their production.

In this context, Dr. Muhammad Al-Sabban, the international economic and oil adviser, said that it was expected that the "OPEC +" agreement would push other countries to join to reduce production.

He adds, that countries that did not participate in the reduction, such as the United States of America, Canada, Brazil and Norway, had to announce the reduction of their production, especially that the "OPEC +" agreement will not suffice to cover the decline and deterioration that occurred in the global oil demand as a result of the Corona crisis.

And with no reduction in the other percentage mentioned earlier, which amounts to about 5 million barrels per day, the process of falling prices remains in place, especially in light of the decline in global demand and the increase in the surplus in the markets.

On this hypothesis, the boys point to the seriousness of the situation and that the deterioration of prices could drop to 10 dollars if other countries do not reduce their production.

He believes that if the field is opened gradually and the activity is restored, the prices may rise again, but the crisis will take place during the period of time necessary for the gradual return of this activity.

And he stresses that the OPEC + alliance reached the maximum level that it can offer, that the ball has become in the stadium of the major producers who have not joined the cut so far, and that everyone has become responsible for achieving price stability.

On March 6, OPEC + countries failed to agree to change the criteria of the deal to reduce or extend oil production. And while Russia suggested keeping the existing conditions, Saudi Arabia offered to further reduce oil production.

As a result, restrictions on oil production in member states of the previous coalition were lifted from April 1. Oil prices fell in March for this reason, as well as with coronavirus outbreaks. However, within the meetings of the "OPEC +" group on April 12, 2020, these countries reached an agreement to reduce oil production in three phases, with the reduction process starting by 9.7 million barrels per day from May to June, and then 7.7 million in the second half of the year. And another 5.8 million as of the end of April 2022.

Banks violate the conditions of currency sale and transparency calls for the implementation of the instructions of the Central Bank of Iraq

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The Transparency Association in Iraq called on the Central Bank of Iraq to apply its instructions to all banks without exceptions It raises the question of unjustified measures

The association said in a statement today that the central bank had previously committed to not allow branches of foreign banks In Iraq to participate in the window of buying and selling currency, and he committed himself to not allowing any bank to enter the window of sale what currency did not raise its capital to 250 billion dinars.

The Association stated that it has been monitoring for some time since some banks entered the window of buying and selling amid the bank's silence Central is an act that violates the law and regulations, while these banks that enter the window are not available On the required conditions, especially those related to increasing its capital or being branches of non-national banks .. and called The Association of the Central Bank to clarify its position on these irregularities and stop manipulation of Vacuum period experienced by Iraq under the management of the caretaker government

On Sunday, resigned Prime Minister Adel Abdul-Mahdi confirmed that within a short period of time it would be launched The emergency grant and the deletion of those who do not meet the requirements, while acknowledging the existence of security and economic challenges facing Iraq.

Said Abdul - Mahdi , in his speech during his meeting with the Supreme National Committee for Health and Safety, vassal - time - that " every day we have a battle with Daesh and our victims and kill many terrorists and capturing From them and prevent them from carrying out terrorist operations . ”

He added that " oil prices may have collapsed and there are financial difficulties facing us , however , Iraq is shocking " .

He noted that " within a short period of emergency grant will be deleted from the launch and the conditions are not available " .

He added that " Iraq 's actions were an early and good results achieved in the face of Corona virus " . The Higher Committee held a national health and safety /Fighting the Corona Virus pandemic, its fifth meeting, today, Sunday, headed by the resigned Prime Minister, Adel Abdul-Mahdi Through a television circuit, I discussed the visions presented regarding the implementation of the mechanisms of imposing curfews during the holy month of Ramadan , And support staff working in health institutions, and use health financing wages to cope with the epidemic, and the recommendations of the record Consultative meeting on hotel use for quarantine And complete the discussion of the issues and proposals presented at the fourth meeting and issues prepared for the agenda. The Supreme Committee for National Health and Safety and decided, in a statement following :

- be roaming at seven in the evening to six in the morning ban starting on Tuesday , 21 - 4 - 2020 until Friday 22nd - 5 - 2020 with coverage on Friday And every Saturday, Saturday, the complete comprehensive ban, with the same exceptions and previous procedures, and the continuation of the excluded groups Previously doing business including furnaces and pharmacies.

- Continue to prevent gatherings of more than three people.

- Allowing restaurants to provide delivery service exclusively , and it is not allowed to open reception halls for customers in them.

- Allow the practice of business and the opening of shops, factories and factories during daylight hours at times of lifting the ban and by limiting Minimum of employees, pledging to implement health protection measures and not to gather.

- Continue to close schools and universities, places of worship, cafes, sports fields, malls and wedding halls and prevent the establishment of Al-Fatiha councils Solace and gatherings.

- Allowing the continuation of work in governmental institutions with a minimum number of workers, and strictly necessary, provided that it does not exceed a percentage 25% ؜.

- Preventing the operation of large transport vehicles with more than four people, and allowing taxis The salon works .

- Preventing external and internal travel and movement between governorates, and the Supreme Committee for Health and Safety may exclude specific groups according to necessity

- large movement of trucks are ( three tons ) and more than seven pm to six in the morning .

- Everyone should wear masks outside the home without exception and take legal measures against violators.

- the health and regulatory inspection teams and security authorities to follow up the implementation of the instructions and take the necessary measures.

- conservatives to impose conditions or additional restrictions or continue to ban mass roaming in their provinces or regions Specific of them according to the developments of the epidemiological situation locally, in coordination with the Ministry of Health and Environment and not to grant exceptions An additional or easing of the ban, contrary to the directives of the National Health and Safety Committee.

The Supreme Committee also decided to assess the situation periodically based on developments in the epidemiological situation

CBI, ISX,Dinar Guru:

CBI Update: IT SEEMS the CLOSURES have BEEN Extended WE SHALL SEE

http://www.cbi.iq/

Click on the link above for the latest update.

The CBI for rate is.

The currency auction total sales amount $ 143,118,598. Auction held Sunday April 19th, 2020

ISX Update: At my last checking

www.isx-iq.net/

Failure to organize trading sessions 17 / 3-2020 / 3/23

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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 23rd

Taha Ahmed Abdel Salam Duran Soran

Shares Traded: N/A

Value Traded: N/A

Dinar Guru Chatter: http://www.dinargur u.com

4-19-2020  Intel/Newshound Guru tman23   we all agree it is just pure speculation. And no banking institution will ever give a sign that there will be an increase in value, which is common sense to why that is the standard...optimistic that a change is coming only because of current world economic conditions...my hesitation had always been the 3 zeros on the physical currency itself...and this statement from a CBI meeting in Dubai...2 years ago...the new currency must come first as a prelude to the lifting of the 3 zeroes from the currency ...that statement is embedded in my head.  THE NEW CURRENCY MUST COME FIRST AS A PRELUDE TO LIFTING THE 3 ZEROS FROM THE CURRENCY...so certainly sounds like new currency first and then not accounting the 3 zeros at time of exchange...why my thought had always been...exchange period for a short timeframe with 3 zero notes...and those holding for bigger gains on a float...good luck...of course just my opinion as another scenario.

4-19-2020   Newshound Guru Pimpy  ...oops there was an auction today and no this one doesn't have a retro back date like the other ones.   So all that chatter about all the auctions not happening really in April these are from March...looks to me like that most likely has changed...they still are not auctioning off their physical US dollars...

4-19-2020   Intel Guru Frank26   Question: "Would you say the video [CBI History Video] they have been showing on television [Iraqi TV] is our 'second article'?"  Without a doubt. It is part of the history...it's very powerful and I'm very excited about it...the majority of the population of Iraq was never around the last time their currency actually had value. That's why that video is so important right now. That was a long time ago...this history is so important because the majority of the people weren't around when all this was happening...the video was a waterfall. This video was a monsoon. This video is a downpour... The education continues before during and after the reinstatement of the Iraqi dinar. So there is no time when this video has or is going to reach its goal...the key instead is the information on the economic reform is arriving quickly dated to the citizens of Iraq now.

4-19-2020   Intel Guru Delta   Article: "News about the final agreement on the cabin of the government of Mustafa Al-Kadhimi 22 ministries (Candidates for ministries between politicians and independents)." It's now decided, and the vote will be next Tuesday.

4-19-2020  Intel/Newshound/Intel Guru RVAlready   At least the parliament in Iraq has to act soon. Their days of kicking the can seem about over...Hopefully, their financial situation is dire enough that they will pass the RV with haste.

4-19-2020  Intel/Newshound Guru tman23   [What is the import of such a new currency for dinarians? In your opinion.]  No importance to dinar investors unless it turns to be a redenomination.  But the release certainly would require a rate different than 0.00086.

Catnip's Corner:

ARTICLE 1 (from PM Mahdi's website; posted only on Arabic side, not on English side)

The Higher Committee for Health and National Safety holds its fifth meeting chaired by Prime Minister Adel Abdul Mahdi

The Supreme Committee for National Health and Safety / Combating the Corona Virus Pandemic held its fifth meeting on Sunday morning, headed by Prime Minister Adel Abdul-Mahdi, via a television circle, and discussed the visions presented on the application of mechanisms to impose curfews during the holy month of Ramadan, and support of staff working in health institutions, and the use of Health financing fees to deal with the epidemic, the recommendations of the minutes of the consultative meeting on the use of quarantines by hotels, and the completion of the discussion of the issues and proposals presented at the fourth meeting and issues prepared for the agenda.

The Supreme Committee for Health and National Safety decided the following:

The curfew will be from 7 pm to 6 am starting from Tuesday, 21-4-2020, and until Friday 5/22/2020, with the inclusion on Friday and Saturday of every week of the complete comprehensive ban, with the same exceptions and previous procedures, and continue Categories previously excluded from doing business, including furnaces and pharmacies.

- Continue to prevent gatherings of more than three people.

- Allowing restaurants to provide delivery service exclusively, and it is not allowed to open reception halls for customers in them.

- Allow the practice of business and the opening of shops, factories and factories during daylight hours at times of lifting the ban and at a minimum of workers, and pledge to implement health protection measures and not to gather.

- Continue to close schools, universities, places of worship, cafes, sports stadiums, malls and wedding halls, and prevent the establishment of Al-Fatiha councils, solace and gatherings.

- Allow the continuation of work permanently in government institutions with a minimum number of workers and strictly necessary, provided that it does not exceed 25% ؜.

- Preventing the operation of large transport vehicles with more than four people, and allowing saloon taxis to operate.

- Preventing external and internal travel and movement between governorates, and the Supreme Committee for Health and Safety may exclude specific groups as necessary.

The movement of large trucks (three tons) or more is from seven in the evening until six in the morning.

- Everyone should wear masks outside the home without exception and take legal measures against violators.

The health, control and inspection teams and the security authorities follow up on the implementation of instructions and take the necessary measures.

- Governors may impose additional conditions or restrictions or continue to impose a comprehensive curfew in their governorates or specific areas thereof, according to the developments of the epidemiological situation locally, in coordination with the Ministry of Health and Environment and not to allow the granting of additional exceptions or to ease the ban, contrary to the directives of the Supreme Committee for Health and National Safety.

The Supreme Committee decided to assess the situation periodically, based on the developments of the epidemiological situation.

In the field of supporting staff working in health institutions in light of direct appeals during the crisis of the spread of the Corona epidemic, the Supreme Committee decided to give them a letter of thanks and appreciation from the Prime Minister, and pay a monthly reward to each worker in direct contact with people living with the virus, in addition to giving them plots of residential land, and preventing Bringing tribal claims and claims against them in all that relates to their work, and recommending to the General Secretariat of the Council of Ministers to prepare a draft law regarding what is related to doubling the service during the fight against the epidemic for retirement purposes and granting job privileges and extending the retirement age for doctors.

The Supreme Committee of Health and Safety calls upon our honorable citizens to strictly abide by health instructions and guidelines, and to leave homes only when necessary, in order to preserve lives and health results achieved thanks to the cooperation of all.

The Supreme Committee for Health and National Safety

19-April-2020

*************

ARTICLE 2 (from Government of Iraq twitter account)

Government of Iraq - الحكومة العراقية