The Markets : all number as of 2:19 am Cali time
Asian markets closed
up NIK 3.13% HSI .56% SHANG 1.59%
our futures are green due to start up about 1.5% DOW at 23604 295 points
SNP
uk markets are mixed one in red others are green
Precious Metals:
Gold is green at 1716 Silver is gree 16.02 Copper green at 231 Platinum
is green at 761
brent oil at 31 according to Bloomberg
Favorite Currencies Forex Quotes
Symbol | Bid | Ask | High | Low | Open | Change | Time |
---|---|---|---|---|---|---|---|
USD/IQD | | | 1189.7000 | 1189.5000 | 1189.7000 | | 17:25 |
USD/VND | | | 23472.3400 | 23472.3400 | 23472.3400 | | 01:30 |
USD/CNY | | | 7.0617 | 7.0400 | 7.0514 | | 04:34 |
USD/KWD | | | 0.3110 | 0.3110 | 0.3110 | | 01:54 |
GBP/USD | | | 1.2575 | 1.2500 | 1.2503 | | 04:45 |
USD/IRR | | | 42097.5000 | 42097.5000 | 42097.5000 | | 06:03 |
USD/IDR | | | 15776.0000 | 15614.0000 | 15642.0000 | | 04:45 |
Things in the News:
Iraqi Articles:
Urgent banking call to Iraq employees: Receive your salaries online
Al-Rafidain Bank called on some state departments to expedite the activation of MasterCard cards and receive their employees' salaries for the month of April electronically, not manually.
The bank’s media office said in a statement that the bank is asking some department account managers to activate the mastercard cards for its employees that were received by the bank so that the salary for this month can be disbursed electronically.
He pointed out that the managers of the accounting departments of some departments should address the bank’s general administration and instruct to complete all procedures related to activating the Master Card, especially in light of the conditions the country is currently living in due to the Corona virus and the need to leave manual cash and deal with the electronic system for salary payment
He pointed out that the managers of the accounting departments of some departments should address the bank’s general administration and instruct to complete all procedures related to activating the Master Card, especially in light of the conditions the country is currently living in due to the Corona virus and the need to leave manual cash and deal with the electronic system for salary payment
Re-rise of the dollar exchange rate in the Iraqi market
The exchange rates of the dollar rose on the Kifah Stock Exchange and local markets, on Tuesday, (April 14, 2020).
The prices of the Kifah Stock Exchange - Baghdad were 121,900 dinars per 100 dollars.
Buying and selling prices in banking shops
The sale price of the dollar = 123,000 dinars.
The purchase price of the dollar = 121,000 dinars.
parliamentary for “al-ahd”: iraq’s strategic decisions are in the hands of political leaders, not in the hands of the prime minister
A deputy for the National Approach bloc, Hussein al-Aqabi, revealed today, Sunday, that Iraq's strategic decisions are in the hands of political leaders only and not in the hands of any prime minister and words that apply to the taxpayer Mustafa Al-Kazemi.
Al-Aqabi said during a televised interview to Al-Ahd satellite channel, “Al-Kazimi's speech resembles the loose phrases that we have heard for 15 years,” noting that “the strategic problems facing Iraq are greater than the Al-Kazemi government.”
He added that "Iraq must make fateful decisions regarding its foreign policy," stressing that "the decision of Iraq is in the hands of political leaders, not in the hands of the government."
Al-Oqabi indicated that “the Iraqi institutions have been emptied of their content since 2014,” noting that “Iraq is living in a distorted political system.”
And that "the solution to the Iraqi crisis lies in holding early elections and returning power to the people."
Deputy Speaker: The steps of the Ministry of Finance are not up to the required level
Deputy Speaker of the Parliament, head of the Parliamentary Crisis Cell, Hassan Al-Kaabi, affirmed on Tuesday that the steps of the Finance Ministry in financing the crisis cell to confront Corona are not at the required level, while pointing out that Al-Rusafa is the fourth area with Corona casualties at the level of Iraq .
Al-Kaabi said in a dialogue followed by / information / that “the steps of the Ministry of Finance in financing the crisis cell are not at the required level, as the allocations that were launched to the Ministry of Health are very few despite the passage of more than two months since confronting the virus, what led us to deal in the first days The crisis has personal and individual capabilities for health managers and heads of the crisis cell in the governorates, in addition to the supportive efforts by citizens of Iraq’s spare citizens compared to the role of the state, which is supposed to be logistical and organizational.
Al-Kaabi warned that "there are few places designated for the quarantine of the injured and the suspects on the Rusafa side, which greatly helped in not conducting the epidemiological survey and moving from a state of defense to an attack by the Health Department to control the epidemic."
He praised the efforts of the Rusafa Health Department and its hospital directors and the medical angel "who worked as an unknown soldier and they are the first blocking wall on the Rusafa side because of the factors and causes they provided that differ completely from the health role of Karbala, Babel and Muthanna, because the Rusafa Department digitally reaches more than 5 million citizens, which is equivalent to The population of at least 3 provinces.
Al-Kaabi called for "launching financial allocations for the Rusafa Health Department that are commensurate with the number of residents and injuries that reach the fourth region at the level of injuries in Iraq, and to provide material support and examination laboratories that are isolated whenever the pressure of the examination numbers is reduced on the central health laboratories and the medical city, and there will be an opportunity Doctors and health personnel may carry out epidemiological surveys by touring and trapping some areas that suffer from many injuries.
Al-Kaabi said in a dialogue followed by / information / that “the steps of the Ministry of Finance in financing the crisis cell are not at the required level, as the allocations that were launched to the Ministry of Health are very few despite the passage of more than two months since confronting the virus, what led us to deal in the first days The crisis has personal and individual capabilities for health managers and heads of the crisis cell in the governorates, in addition to the supportive efforts by citizens of Iraq’s spare citizens compared to the role of the state, which is supposed to be logistical and organizational.
Al-Kaabi warned that "there are few places designated for the quarantine of the injured and the suspects on the Rusafa side, which greatly helped in not conducting the epidemiological survey and moving from a state of defense to an attack by the Health Department to control the epidemic."
He praised the efforts of the Rusafa Health Department and its hospital directors and the medical angel "who worked as an unknown soldier and they are the first blocking wall on the Rusafa side because of the factors and causes they provided that differ completely from the health role of Karbala, Babel and Muthanna, because the Rusafa Department digitally reaches more than 5 million citizens, which is equivalent to The population of at least 3 provinces.
Al-Kaabi called for "launching financial allocations for the Rusafa Health Department that are commensurate with the number of residents and injuries that reach the fourth region at the level of injuries in Iraq, and to provide material support and examination laboratories that are isolated whenever the pressure of the examination numbers is reduced on the central health laboratories and the medical city, and there will be an opportunity Doctors and health personnel may carry out epidemiological surveys by touring and trapping some areas that suffer from many injuries.
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
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 Guest Guru Nathan I can tell you this much on the transactions I was involved in the last couple years I never transacted on anything above $1 and it was sub a dollar...the contracts that I transacted on it didn't stipulate the rate. It was a certain amount of money for a certain amount of IQD. You obviously by extrapolating the amount you've got a rate. There's so many variable involved in these transaction but you could extrapolate a rate out of the transaction by simply dividing how much IQD and how much the offer was for it. It was nowhere near a dollar. Nowhere near .50 cents. Nowhere near .10 cents. But it was a significant premium to the face value of the IQD. .01, .02, .03, .04 cents is a huge huge return in anyone's book. Those transaction are different these are institutional plays. Whether they were buying the IQD for an RV I don't know. That information was never disclosed to me or my associates. But they thought they paid a significant premium up and above the face value of the IQD at the time...
4-13-2020 Newshound Guru Pimpy They said, well you never see anybody on normal mainstream talk about investing in this. I go yeah, there's been a couple occasions. There's lots of videos out there and I shared a couple with him...CNBC's Video "Jim Cramer of Mad Money Talks About Iraqi Dinar"...They're talking about the actual currency itself...it doesn't make a difference how old the video is...pay attention to what the whole point of these videos are and that is they're encouraging people...this CNBC. Jim Cramer is not a small fry. This guy has a pretty good following. He's encouraging people to buy into the dinar... [Post 2 of 2]
4-13-2020 Newshound Guru Pimpy ...I've gotten into a pretty good lengthy conversation with a few people...they wanted to voice their opposition to why we should invest in a dinar...they said the currency is a scam. And I of course was able to prove to them that the currency is not a scam. It can't be a scam - the currency itself. I can take my dinar, go into Iraq and use it to buy things. So The currency itself is not a scam. Now we all know that people have taken the currency itself, Iraq dinar, and they have committed scams with this currency. That's why you've got to be careful...there's a huge difference between whether this currency is a real scam or if the people are using it as a scam... [Post 1 of 2....stay tuned]
4-13-2020 Intel Guru Footforward Most of what I'm being told, I've been asked to not share publicly...I'm asked not to say things because it burns sources... There is alot more going on then most realize. Two people made visits to Iraq. One was public. The other not so much. The not so public one was furious. By May 1st, if nothing happens, sanctions likely to come.
4-13-2020 Intel Guru MarkZ No golden eggs yet...I think it is positive that some folks involved in the exchange process are being asked to return to their seats…This is the first activity I have seen in over a week…
4-13-2020 Newshound Guru Jeff ...I firmly believe the rate has changed but privately only on the accounting books. Right now it's not public. It's not even public in country. I don't believe in a separate rate where it can go in country first and then out of country at a later date. I don't believe in that logic or theory...IMO once it changes it can only change one place, one time and then they're international...
4-13-2020 Guest Guru Nathan My primary theory if this does go public...I don't know if it is, all I think is that by the end of May maybe it might stretch into June. I've told people I know personally I've given them a deadline at the end of June...I'm a person who likes to manage expectations. I'm personally banking on the end of June. Now I've been told end of May at the latest this thing will be done. That doesn't mean that this is a public event. It might be a closed shop event. It might be a public bit I just don't know and if I did know I would at least hint at it but I genuinely don't know. And the people who really would know have not told me. I don't even know if they know. I do know the institution pulling the trigger on whatever this is. I've been in this game for 3 years and I only recently found out who's pulling the trigger on this thing...
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...
4-13-2020 Newshound Guru Pimpy They said, well you never see anybody on normal mainstream talk about investing in this. I go yeah, there's been a couple occasions. There's lots of videos out there and I shared a couple with him...CNBC's Video "Jim Cramer of Mad Money Talks About Iraqi Dinar"...They're talking about the actual currency itself...it doesn't make a difference how old the video is...pay attention to what the whole point of these videos are and that is they're encouraging people...this CNBC. Jim Cramer is not a small fry. This guy has a pretty good following. He's encouraging people to buy into the dinar... [Post 2 of 2]
4-13-2020 Newshound Guru Pimpy ...I've gotten into a pretty good lengthy conversation with a few people...they wanted to voice their opposition to why we should invest in a dinar...they said the currency is a scam. And I of course was able to prove to them that the currency is not a scam. It can't be a scam - the currency itself. I can take my dinar, go into Iraq and use it to buy things. So The currency itself is not a scam. Now we all know that people have taken the currency itself, Iraq dinar, and they have committed scams with this currency. That's why you've got to be careful...there's a huge difference between whether this currency is a real scam or if the people are using it as a scam... [Post 1 of 2....stay tuned]
4-13-2020 Intel Guru Footforward Most of what I'm being told, I've been asked to not share publicly...I'm asked not to say things because it burns sources... There is alot more going on then most realize. Two people made visits to Iraq. One was public. The other not so much. The not so public one was furious. By May 1st, if nothing happens, sanctions likely to come.
4-13-2020 Intel Guru MarkZ No golden eggs yet...I think it is positive that some folks involved in the exchange process are being asked to return to their seats…This is the first activity I have seen in over a week…
4-13-2020 Newshound Guru Jeff ...I firmly believe the rate has changed but privately only on the accounting books. Right now it's not public. It's not even public in country. I don't believe in a separate rate where it can go in country first and then out of country at a later date. I don't believe in that logic or theory...IMO once it changes it can only change one place, one time and then they're international...
4-13-2020 Guest Guru Nathan My primary theory if this does go public...I don't know if it is, all I think is that by the end of May maybe it might stretch into June. I've told people I know personally I've given them a deadline at the end of June...I'm a person who likes to manage expectations. I'm personally banking on the end of June. Now I've been told end of May at the latest this thing will be done. That doesn't mean that this is a public event. It might be a closed shop event. It might be a public bit I just don't know and if I did know I would at least hint at it but I genuinely don't know. And the people who really would know have not told me. I don't even know if they know. I do know the institution pulling the trigger on whatever this is. I've been in this game for 3 years and I only recently found out who's pulling the trigger on this thing...
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...
Catnip's Corner:
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ARTICLE 1 (from PM Mahdi's website)
At the time this report was submitted, there are no new articles posted on PM 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
Pompeo comments on the assignment of Al-Kazemi and his government
13/3/2020 19:36 • 64
[Follow-up]
A press release was issued by Secretary of State Mike Pompeo on the political situation in Iraq after the commissioning of the Director of the National Intelligence Service, Mustafa al-Kazemi, to form the government.
Pompeo said, according to the US State Department statement: "The United States is looking forward to forming a new Iraqi government capable of facing the Corona pandemic, bypassing the current economic distress the country is going through and confining arms to the state."
"The main task of the new government must be to place Iraqi interests in the first place and meet the needs of the Iraqi people, and we welcome the unanimous consensus of Shiite, Sunni and Kurdish political leaders to form the government," he added.
Pompeo noted that "the Iraqi people are calling for real reform and credible leaders. These demands deserve to be answered without violence or repression."
"We stand with the Iraqi people in order to achieve this endeavor, and we look towards a sovereign, prosperous Iraq free from corruption and intimidation," the US secretary of state said.
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ARTICLE 4
Law coalition: Al-Kazemi may reassign three ministers from Abdul Mahdi's government
4/13/213 11:31
[Baghdad-where]
The State of Law coalition, led by Nuri al-Maliki, revealed on Sunday that there is an intention to reassign current ministers in the upcoming new Iraqi government, headed by Mustafa Al-Kazemi.
"It is very possible that the government of Mustafa Al-Kazemi includes current ministers, there are ministers who have proven successful, and for this there is an intention to reassign some of the ministers," coalition leader Saad al-Muttalabi said in a press statement.
And between Al-Muttalabi, "We expect that the number of ministers, who will be reassigned, does not exceed (3) ministers, especially since successful ministers in the current government do not exceed the fingers of one hand."
He added that "the step to reassign current ministers does not meet a political rejection, but it may meet a popular rejection, especially as there is a lack of understanding of this issue, but it must be made clear to the people that these competencies must be employed in favor of Iraq."
On April 9th, the Iraqi President, Barham Salih, commissioned the head of the National Intelligence Service, Mustafa al-Kazemi, to form the next government.
This came after Prime Minister-designate Adnan Al-Zarfi announced his apology for forming the government for "internal and external" reasons, which he did not make clear.
Al-Kazemi is considered the first consensual candidate, as he enjoys the support of most of the Shiite, Sunni and Kurdish political forces, as well as support for the popular movement and his proposal in advance for the position, which raises his chances to head the next government.
The prime minister in charge has 30 days to pass his cabinet in Parliament, and it appears that his task will be easy, given the consensus data on his name.
Al-Kazemi, an independent who is not affiliated with any political party, assumed the position of intelligence chief in June 2016, during Haider al-Abadi as prime minister (2014-2018), and still holds the position to run business.
In order for the government to obtain the confidence of the parliament, an absolute majority (50 percent +1) of the attending members (not the total number) is required.
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ARTICLE 5
The Integrity Committee: Major "corruption files" will be exposed after the end of the "Corona crisis"
11/4/2020 11:39
[Baghdad-where]
The Integrity Commission is awaiting the prosecution to form the government and finish the Corona crisis to uncover "major corruption files", while stressing that these files involve senior officials.
Committee member Abdul-Amir Al-Mayahi said in a press statement that the most important laws that the committee will work to activate in a law "From where did you get this and illegal gain?", Noting that these laws are established, but the work is stalled due to the challenges facing the country from Delay the formation of the government to the Corona virus pandemic. The deputy added, that the convening of the parliament and the return of the committees ’meeting will be the first two steps at the beginning of the next legislative term to work to activate these laws, indicating that despite the existence of these strict laws, we need to activate the oversight committee’s role to uncover corruption.
He continued that the committee has a lot of corruption files and is waiting for the situation inside the country to stabilize and the Corona virus ends and the formation of the government, so that the atmosphere is appropriate to detect and activate it.
He pointed out that the laws of "graft and where do you get this" are from the decisive and carefully studied laws through which we can control corruption and hold many corrupt officials accountable for corruption.
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