Thursday, April 9, 2020

WOTS THUR APR 9 2020

WOTS THUR APR 9 2020

The prices of the Kifah Stock Exchange - Baghdad were 124.700 dinars per 100 dollars.
 
Buying and selling prices in banking shops:
 
The sale price of the dollar = 126.000 dinars.
 
The purchase price of the dollar = 124,000 dinars.

The Markets:

Asian markets closed mixed NIK  down .04 %   HSI up   1.38%  SHANG  .37 %

Our futures are in the red  currently but not even .5%
DOW  red at .12%     SNP red at .36%     NDX  green at  .40  % 
UK markets are currently trading mixed about 1% up or down



Precious Metals:
Gold green at 1702  Silver green at 1545 Copper N/A for me   Platinum  N/A for me

Brent crude at 33

GLOBAL OIL DEAL IN SIGHT  is a headline



Favorite Currencies Forex Quotes

SymbolBidAskHighLowOpenChangeTime
 USD/IQD  1188.0000  1193.0000 1192.4000 1192.0000 1192.4000  -0.1000 08:59
 USD/VND  23530.0000  23600.0000 23563.2500 23457.0700 23563.2500  -100.9600 06:07
 USD/CNY  7.0363  7.0383 7.0718 7.0378 7.0644  -0.0272 09:57
 USD/KWD  0.3115  0.3125 0.3111 0.3108 0.3111  -0.0002 08:59
 GBP/USD  1.2466  1.2467 1.2479 1.2361 1.2380  0.0085 09:57
 USD/IRR  0.0000  0.0000 42097.5000 42097.5000 42097.5000  97.5000 00:00
 USD/IDR  15713.0000  15736.0000 16202.0000 15753.0000 16093.0000  -335.0000 09:57
Things in the News:

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Obesity major risk factor...
 
 
Iraqi Articles:

Financial Advisor: Iraq is committed to fulfilling its financial obligations and obtaining creditworthiness


The financial advisor to the Prime Minister, Mazhar Muhammad Salih, confirmed on Wednesday, Iraq’s commitment to fulfill the financial pledges in its specific timetable, which made it enjoy creditworthiness.
Saleh said in a statement to the official agency, followed by "NAS", today (April 8, 2020), that "Iraq has gained the confidence of the capital markets and global banks who currently undertake financial engagement services, whether in managing money and repayments for the interest of Iraq or managing payments of external debt service and paying it in favor of International creditors, which prepare the board to test Iraq’s creditworthiness and strength in adhering to its obligations and agreements.
He added that "despite the difficulties experienced by the country over the past years, Iraq is fully committed to paying off the financial loans regularly and that has led to the sustainability of stability when assessing its creditworthiness."
He explained that “since the implementation of the provisions of the Paris Club agreement to settle the Iraqi debt for the pre-1990 stage as well as the subsequent borrowings during the financial and security crisis against ISIS gangs in the year 2014, all of them have gone and are still on a consistent and straightforward approach to external financial dealings and with a solid regularity between the two departments of public debt in a ministry Finance and the Central Bank, as well as paying the dues of foreign oil companies, which undertake the development of oil fields within the payment dates. ”
He continued that "Iraq's commitment to pay the loans enabled it to obtain a stable credit rating since the start of the credit rating for Iraq in the year 2015," noting that "it is the first time in the financial history of Iraq that the credit rating is entered among the countries of the world, which was reflected positively mostly in the stability The yields levels on the Iraqi European bonds (the Tigris and Euphrates) as well as the European-Iraqi bond named Iraq / 2028 in the capital markets operating in the major metropolitan centers.

In the document .. The Republican Decree mandating Al-Kazemi to head the government

link

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 Thursday, the republican decree appointing the head of the Intelligence Agency to head the government in place of Adnan Al-Zarfi, who apologized for forming the government earlier today.
text
Republican Decree (6) In view of the apology of the commissioner, Mr. (Adnan Abd Khudair Al-Zorfi) for the formation of the Council of Ministers and the nomination of the parliamentary blocs attached to the decree, and based on the provisions of Article (۷۹) of the Constitution we have drawn  With what is coming:
First: Assigning Mr. (Mustafa Abdel Latif Al-Kazemi) to form a cabinet and he shall nominate his cabinet members and present them to the House of Representatives to gain confidence within a maximum period of thirty days from the date of the issuance of this decree
Second: This decree is implemented from the date of its issuance, and it will be published in the Official Gazette. 
Books Baghdad on the sixteenth day of the month of Shaaban for the year 1441 AH corresponding to the ninth day of the month of April of the year 2020
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Publish the CV of Prime Minister-designate Mustafa Al-Kazemi

Thursday, the biography of Prime Minister-designate Mustafa Al-Kazemi.
Al-Kazemi is Mustafa Abd al-Latif, and the name al-Kazemi belongs to the al-Kazimiya area in Baghdad, where the taxpayer was born in 1967.
Al-Kazemi is a member of the al-Gharib tribe, and his family was displaced from Al-Shatrah district in Dhi Qar, to Karkh, Baghdad (Al-Kadhimiya).
His father, Haji Abdul Latif Mishtat al-Gharibawi, was a surveyor and technical supervisor who lived in Baghdad from Al-Shatrah in 1963 and his last job was a technical supervisor at Baghdad Airport.
Abdel-Latif Mashtat was a representative of the National Democratic Party, Kamel Al-Jadriji Party in Al-Shatrah.
He obtained a BA in law, and he does not have a non-Iraqi citizenship, he had a political asylum passport as he was an opponent of the previous regime.
Mustafa Al-Kazemi left Iraq in 1985 through Iraqi Kurdistan to Iran, then Germany and then Britain. He chose the title of Al-Kazemi during his work as a journalist.
His activities:

The editor-in-chief of the "Weekly" magazine, where he emerged in the field of conflict resolution and documentation of the crimes of the former regime, worked as an executive director of the Iraqi Memory Foundation and contributed to documenting testimonies and collecting films on victims of the former regime, and managed the Humanitarian Dialogue Foundation to establish dialogue as an alternative.
Al-Kazemi assumed the leadership of the Iraqi Intelligence Service in 2015, before he was assigned to form a government.

Abdul Mahdi's advisor: The government is moving to place two oil prices in the budget

The Iraqi government is moving to place two oil prices in the new budget in the framework of dealing with the decline in oil prices.
"The government will deal seriously with the decline in oil prices and there is a tendency to make the budget at two prices for oil, the first is fixed and may not exceed $ 30 per barrel, and in this part of the budget will not be met," said advisor to the Prime Minister Abdel-Hussein Al-Hanin. .
He continued, "As for the moving price, each amount of the barrel will be more than $ 30 in any period of the fiscal year, in which a proportion of other requirements are dealt with depending on the change in oil prices," explaining that "this method relies on programs and projects and represents an advanced state to prevent Great corruption.

Officially .. Al-Zrafi steps down from forming the Iraqi government

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Adnan Al-Zrafi announced, on Thursday, that he is stepping down from forming the Iraqi government, giving way to Intelligence Chief Mustafa Al-Kazemi to form the ministerial portfolio.
Al-Zorfi’s failure to form the government came after Shi’ite and Sunni forces agreed, as well as the Kurdistan region, to nominate the head of the intelligence service, Mustafa al-Kazemi, to form the next government.
On Wednesday, the Kurdistan Region and the Alliance of Iraqi Forces led by Speaker of Parliament Muhammad Al-Halbousi and the National Alliance led by Iyad Allawi announced Minister Al-Kazimi's succession to the resigned Prime Minister Adel Abdul-Mahdi.

The Prime Minister-designate, Adnan Al-Zorfi, on Thursday apologized for the government’s complaint, while sending a message to the Iraqi people.
The text of the message:
To the honorable Iraqi people who suffer from the repercussions of confronting the Corona epidemic, to all the young demonstrators who sit in the demonstrations, united in the face of injustice and injustice. To all the poor and weak who have placed their hopes and confidence in me to save them from poverty and diseases that kill them, peace and God’s mercy and blessings be upon them:
I feel sorry for the mandate of the commission, amid all the support that it entailed from the masses of benevolent and receptive people of our patient, patient and calculated.
I offer my apologies first to everyone who puts his trust in us, waiting for us to achieve what everyone wants. I have been keen to move forward in carrying out the task entrusted to me with great honor and high responsibility, setting before me a sacred primary goal which is to save Iraq and return to its right path, a stable and influential country in its Arab, Islamic and global surroundings.
In the past weeks, I have established a real beginning for an Iraqi policy based on productive and fruitful economic partnerships with countries of the world, organizing the work of the international coalition forces, scheduling their withdrawal, and building the capabilities of the armed forces.
My apology for continuing to commission is to preserve Iraq's unity and supreme interests.
My national message arrived and it carries with it what oversees my political and professional history, when I worked from the first day, whether stated in the letter of assignment or the government curriculum to provide an economic rescue vision that raises the suffering of the people and eliminates corruption and opens horizons of international isolation and protects the national economy from international sanctions and accountability Protesters and criminals killers.
I offer my appreciation to the ladies and gentlemen of the House of Representatives who supported and supported my nomination and my assignment and my announced economic program. They endured all the threats that I carried suspicious statements that were occurring from time to time, with my sincere thanks to the president and members of the support team from qualified consultants and experts who continued the day and night and worked diligently and sincerely to help me in accomplishing my tasks in a distinct manner that was the subject of praise and appreciation of all circles.
He also highly valued the role of the media sisters and brothers who were with us around the clock to document and publish our consultations, our meetings and our contacts with various political forces and societal sectors.
I will leave the experience of commissioning while I am comfortable with conscience and self, because I and someone who worked with me have strived hard and with the support of some political forces and good people to move our country to the shore of safety, stability and prosperity.
The lack of success of the commissioning experience for internal and external reasons will not prevent me from continuing to serve the people through my current parliamentary location, and I will continue to work and prepare with you for the upcoming early elections to complete the national project and develop its economic foundations for the reconstruction of Iraq, just as the developed countries of the world are. The Iraqi people deserve to enjoy the good of their country and live freely and well-being.
I ask God for success and payment to my dimension to form the prospective government amid the increasing crises and challenges that surround our country and our people. 
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 11th
Taha Ahmed Abdel Salam Duran Soran
Shares Traded: N/A
Value Traded: N/A

Dinar Guru Chatter: http://www.dinarguru.com
4-9-2020   Intel Guru Frank26  ...all of these meetings [Fab 4, CBI and MOF etc] in my opinion tie into one thing.  The direction of the monetary reform of reinstatement.  All these meeting or "this one meeting" is rather consistent now.  It's almost turned into a lava flow of information for the citizens...it leads to only one thing - a change in their currency structure.  These meetings are not the yellow brick road.  It's the golden road for the citizens of Iraq to finally see something that is so unknown to them - purchasing power.  The yellow brick road originates with the Central Bank of Iraq...this meeting is the only way to start the end...
4-8-2020   Intel Guru Bruce   [via WiserNow]  ...we’re funneling information in from a number of different sources...all we can do is literally wait and stay positive because we know we’re in the zone for this to come out...We are in that period of time where we really do expect this to come forward pretty quickly – I have no idea of anything that would have to drag way beyond where we are now in this time frame of around Easter –  I am excited about where we are I ‘m just a little unsure of course when our start time is going to be – you see a lot of things out there...We will see how all of this unfolds before – during and after Easter...

4-8-2020   Newshound Guru Vital Brad  
It's a rally exciting time right now...I've been reporting on this for the last four years, been following It for the last ten years and what's happening and what I think is expected to happen this week is absolutely incredible.  I never put a date on what's going on.  I've never put a rate on what I think the Iraqi dinar is going to revalue at...But this Easter weekend is something to really be paying attention to...I'm a holder of Iraqi dinar...it's going to be a currency that revalues at a much higher rate than it is currently at right now.  I will be able to take the Iraqi dinar notes that I have and I believe it's going to be a higher value...you've got to be paying attention to what's happening...

4-8-2020   Guest Guru Nathan  ...I actually do know people in the CBI...I went to school in the Middle East...a number of my school friends are now in prominent positions in Iraq and two of which are quite high up in the CBI...the auctions started a couple days ago...the purpose of the auctions is to supply US dollars into the Iraqi economy...the majority of the dollars provided to the CBI are in digital format because the CBI receives its dollars from oil sales...I've been to the CBI auctions.  Very rarely does the CBI actually supply the physical USD currency for the auctions...the CBI auction's main priority has been to distribute the digital US dollars into the Iraqi economy...I would expect the actual cash physical currency...auction within the next few days/couple of weeks...I don't know that for sure.  It's an educated guess...

4-8-2020   Intel Guru Delta   ...in my personal opinion for the CBI not to care about the exchange rate in the market...about 1300...gives you an indication that they're about to announce it to the world that they are article 8 officially and in order for them to do this they have to show the true rate.  That's why in my opinion they're not giving cash anymore...and number 2 is they're about to raise the value then the MPC isn't going to matter any more.  And the 2% compliance is not going to affect them anymore...in my speculations only this [The RI rate change] could happen at any moment.  That's why I'm only watching the Central Bank of Iraq...He's [Allaq] is about to pull the trigger.

4-8-2020   Intel Guru Frank26  ...Allaq has been telling the citizens, 'We are in the process of dealing with the exchange rate of the Iraqi dinar.  And we are in the process of dealing with the dollar in a different way in our auctions.' Everything else I don't pay any attention to it.  Everything else?  Misinterpretation...I'm seeing today's auction as an auction without any cash.  Which means nothing has changed.  Status quo.  Everything is still the same.  The auctions have stopped.

4-8-2020   Intel Guru MarkZ   [via PDK]    ...Everybody is in a waiting pattern for late in the weekend or very early into next week with great expectations…I think Iraq will quickly come up to speed …everything should go into place once they have a stable currency …the government ect

4-8-2020   Newshound Guru Jeff   The articles that came out telling us that they were going to continue and resume the currency auction are BS...on Monday of this week I showed you an article that said the CBI's goal was to stop the flow of the US dollar and that's what the auction are - the US dollar...they don't have any auctions that have occurred past March 19th...They could resume the auctions after the rate change but as of right now the auctions are shut down...That's one of the things that we needed to see stopped as a preparation for the rate change.  That's why we're putting a focus and emphasis on this...the ISX stock trading and the currency auction are stopped.  We're looking really good...

4-8-2020   Newshound Guru Pimpy  ...we see the auctions have already happened and already you guys are losing your freaking minds over it...but it's clearly an auction.  What's gonna happen if the ISX opens and there's no rate change?  All doom and gloom and negativity that's gonna be overwhelming everybody.  Why?...the currency auctions have started there's no doubt about it...it's doesn't mean it's the end of the world.  It doesn't mean that the rate is not going to change.  I still think it's going to change...

4-8-2020   Intel Guru MarkZ   ...the good thing is they are enforcing the necessity for a reset. We will get our reset people!!!  I believe Trump is working on it…he is a gold bug working with a messed up system and trying to keep it propped up until the reset is ready. [There was a rumor out from Isaac that no RV until November now….]   No way…no part of me thinks we will be waiting until November...

4-8-2020   Newshound Guru Jeff    Article:   "The Finance Committee comments on the Central Banks' decision to stop the flow of the dollar" ...the Central Banks goal is really to stop the flow of the U.S. dollar.  That's their goal.  Remember that's actually an article VIII requirement - they can only use the Iraq dinar.
4-8-2020 *** Dinar Guru Update ***  The CBI official market rate for the dinar has not been updated since 3-16-2020 - The last reported market rate is 1203.455.  Several gurus have mentioned the market rate has increased (which means the value has gone down) in certain Iraqi markets.  We're waiting to see what the CBI reports when they officially update.  You can always see the official Central Bank of Iraq rates on the left side of this page...

Catnip's Corner:
ARTICLE 1 (from PM Mahdi's website)

At the time this report was submitted, there are no new articles posted on Prime Mahdi's website.
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ARTICLE 2 (from Government of Iraq twitter account)

At the time this report was submitted, there are no new tweets posted on the Government of Iraq twitter account.

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ARTICLE 3

Urgent A political source reveals Al-Zarfi’s apology tomorrow and assigning the mission to Al-Kazemi

8/4/22 22:13 • 61 times read
Where's the news _ Baghdad

A political source revealed that the Prime Minister-designate, Adnan Al-Zarfi, will apologize for assigning to form the government.

The source stated to Ayna News that "Al-Zrafi apologized to the leaders of the Shiite blocs for his assignment, and he will also apologize tomorrow and officially to the President of the Republic, Barham Salih."

He added that "tomorrow, after the apology of al-Zarfi, the president of the republic will appoint the Shiite forces, the head of the National Intelligence Service, Mustafa al-Kazimi, to form the government."

It is noteworthy that the Prime Minister-designate Adnan Al-Zarfi’s chances are strong for his government to pass in Parliament after Shi’ite and Sunni forces, as well as the Kurdistan Region, agree to nominate the head of the intelligence service, Mustafa Al-Kazemi, to form the next government instead of Al-Zarfi.

According to Iraqi law, it is only possible to nominate Al-Kazemi if the al-Zarfi step down or the constitutional deadline for him to pass his government ends, as the deadline starts from the date of his assignment on March 16 and ends with the passage of 30 days.

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ARTICLE 4

Sources confirm the completion of the draft of Al-Kazemi's assignment and awaiting al-Zarfi in the coming hours

8/4/20 20:47 • 
Where's the news _ Baghdad

Private sources said, this evening, Wednesday, that the Presidency of the Republic has completed a draft mandate for Intelligence Agency chief Mustafa Al-Kazemi to head the next interim government,

The source stated to Ayna News that the President of the Republic, Barham Salih, is waiting for the prime minister-designate, Adnan Al-Zarfi, to apologize for assigning Al-Kazemi to replace him.

It is noteworthy that a number of political blocs have combined their order to nominate Mustafa Al-Kazemi as a substitute for Zarfi, who was rejected by several parties before the voting session to give confidence to his government.

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ARTICLE 5

Kurdish source: Barzani refused to visit Al-Zarfi to Erbil, and he only gave a phone call for courtesy

8/4/208 14:23
[Baghdad-where]

A Kurdish political source revealed, on Wednesday, the refusal of the President of the Kurdistan Democratic Party, Masoud Barzani, to visit Prime Minister-designate Adnan Al-Zarfi to Arbil to discuss the formation of the government, noting that Barzani told his party members to await the results of Shiite talks to choose the new prime minister.

The source said, "The head of the Kurdistan Democratic Party, Masoud Barzani, refused to receive the Prime Minister-designate Adnan Al-Zarfi because his dispute with the Shiite forces was not resolved."

He added, "Barzani told his party members to slow down the statement about supporting a certain personality to head the federal government until a unified decision is issued among the Shiite forces to support a certain personality to head the government."

The source pointed out that "Barzani was satisfied with a phone call with Al-Zarfi under the pretext of Corona and the political crisis for courtesy until the political situation in Baghdad is clear."
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