The Markets:
The Asian markets closed down NIK at 4.50% HSI at 2.19% SHANG at .57%
The UK markets are currently down bouncing around abut 3 to 4 %
Our futures are down about 3% at 4:20 am Cali time
DOW at 21023 3.35% SNP 3.30% NDX at 2.74%
a headline is global stocks end worst Q since 2008
Macy's is being removed from the S&P 500 Index and replaced by air conditioning company Carrier Global,
Precious Metals:
Gold green at 1590 Silver red at 14.05 Copper are at 216 Platinuum red at 714
oil at 21 worst quarter ever
Favorite Currencies Forex Quotes
| Symbol | Bid | Ask | High | Low | Open | Change | Time |
|---|---|---|---|---|---|---|---|
| USD/IQD |  1186.0000 |  1193.0000 | 1193.2000 | 1192.5000 | 1193.0000 | -0.9000 | 08:58 |
| USD/VND | 23586.0000 | 23648.0000 | 23629.9400 | 23614.7800 | 23629.9400 | -15.0700 | 08:58 |
| USD/CNY | 7.1013 | 7.1033 | 7.1052 | 7.0804 | 7.0813 | 0.0200 | 09:09 |
| USD/KWD | 0.3134 | 0.3139 | 0.3136 | 0.3136 | 0.3136 | -0.0001 | 08:58 |
| GBP/USD | 1.2427 | 1.2428 | 1.2438 | 1.2330 | 1.2410 | 0.0016 | 09:20 |
| USD/IRR | 0.0000 | 0.0000 | 42097.5000 | 42097.5000 | 42097.5000 | 97.5000 | 00:00 |
| USD/IDR | 16647.0000 | 16684.0000 | 16723.0000 | 16269.0000 | 16283.0000 | 389.0000 | 09:19 |
Things in the NEws:
Researchers identify strongest symptom: LOSS OF TASTE AND SMELL...
Diabetes, lung and heart disease common in patients...
Diabetes, lung and heart disease common in patients...
AMERICANS TURN TO PRAYER...
Iraqi Articles:
Iraq is moving to reconsider the policy of economic and financial
Called the Finance Committee in the House of Representatives to reconsider the economic policy of the country through the next stage and reduce dependence on oil.
Said committee member Dr. Ahmed Al-Saffar told the"morning": that "the government was intends to change the state budget of items to objectives, and should begin their application as of this year in the sectors of education, health, and then generalized to other sectors".
He added that "the current crisis made it necessary to reconsider fiscal policy economic development of the country and reduce dependence on oil as a source is one-sided in the financing of the budget".
And the beep that "the government should ease the burden of the public sector and participation by the private sector, and through the facilities and the issuance of laws and legislations that enable the private sector that also exist in all countries of the world, when he runs the majority of the agricultural sectors, industrial, health, transportation and education under the supervision and control of the government not to use
Citizens."
Warned the yolk of the conduct of Iraq in the context of risk can be through which the future is not clear and cataclysmic in the case remained dependent on oil as the primary source of financing for the budget, as prices are unstable and depend on the International Relations of supply and demand on the one hand, a commodity inexhaustible, and can be consumed all the Reserve in the ground being the share of future generations, which should behave in Then".
Parliamentary Finance reveals expanded meetings for the next 48 hours to discuss the employee salary file
Member of Parliamentary Finance Committee MP Ahmad Mazhar revealed, on Tuesday, extended meetings during the next 48 hours to discuss the employee salary file. In light of the health and economic crisis in Iraq and the world
Mazhar said to the "information", that "the financial situation in Iraq in general is difficult, especially after the repeated collapse of oil prices, which represent the cornerstone of the annual budgets, payment of salaries of state employees and institutions, and government spending in all fields."
He added, "The Parliamentary Finance Committee with the Ministry of Finance and the government will hold, during the next 48 hours, extended and urgent meetings with banks of all addresses to discuss the file of securing financial liquidity for employee salaries and ways to find solutions to overcome the crisis."
A member of the Parliamentary Finance Committee said, "The continuing decline in oil prices, which has caused huge losses for Iraq, will have difficult and complicated repercussions on the financial situation in the country," expressing his hope that " Iraq will overcome the Corona crisis, in order to search for solutions that push towards securing revenue. Financial able to pay government dues in all fields, especially employees ’salaries.
Hezbollah Brigades: We will fail all American plans in Iraq
April 1 / IRNA - The Islamic Resistance, the Hezbollah Brigades in Iraq, confirmed on Tuesday that it will fail all American plans in Iraq, and that the American forces are occupying forces, and if they leave and the government imposes its prestige, there is no justification for carrying weapons.
"The United States has violated the Strategic Framework Agreement, and the American forces in Iraq are occupying forces," Kataeb spokesman Mohamed Mohy said in a televised interview broadcast on the Iraqi "Al-Ittijah" channel.
He added, "The American forces, if they exist at the request of the government, will not be combat forces, and that our pressure for the exit of the American forces came after informing the government, political forces, and parliament." Mohi stressed, "The Hezbollah brigades will fail all American plans in Iraq," pointing out, "If the Americans leave and the government imposes its prestige, there is no justification for carrying weapons."
He pointed out, "The current or future government cannot bring out American forces through diplomatic means, and that America is looking for its interests only and we advise some parties not to bet on their people."
A spokesman for the Hezbollah Brigades said, "The resistance foiled America's plans to impose hegemony and spread chaos in Iraq."
Oil records the largest monthly and quarterly loss ever
Record crude oil prices sealed a quarter of a year of fluctuations with the largest loss ever, as US crude contracts and Brent collapsed throughout March due to the stalemate that hit the global economy due to the Corona virus pandemic, as well as the outbreak of a price war between Russia and Saudi Arabia.
Both measurements lost nearly two-thirds of their value over the first quarter, and most of the loss came from March's 55 percent decline.
US West Texas Intermediate crude rescued the month's close, up a modest two percent on Tuesday, while Brent closed slightly lower.
Global fuel demand has been shattered by the travel restrictions imposed by the Corona pandemic. Major dealers and banks expect demand to fall between 20 and 30 percent in April, and continued weak consumption as economic activity weakens for several months to come.
The settlement price for West Texas was set to climb 39 cents to $ 20.48 a barrel. US crude fell 54 percent in March and 66 percent in the first three months of the year, in its worst decline since the contract began trading in 1983.
Brent crude contracts for May delivery closed two years down to $ 22.74 a barrel, before it expires. Global benchmark crude fell 66 percent in the first quarter and 55 percent in March, in its worst quarterly and monthly decline ever.
And June's most active June contract closed down seven cents to $ 26.35 a barrel.
"As a hostage, the oil market has been taken hostage," said Michael Tran, managing director of energy strategy at RBC Capital Markets in New York.
“The unprecedented pace of demand crashes forced refineries, at a global level, to cut production, leaving barrels from the United States to the North Sea to Asia looking, usually unsuccessfully, for shelter.”
Member of Parliament, on behalf of Khazaal, confirmed on Tuesday that the Prime Minister-designate Adnan Al-Zarfi failed to grant Parliament Speaker Muhammad Al-Halbousi six ministries to pass his government, while he stated that Al-Halbousi would stand against the passage of Al-Zarfi in Parliament.
Among the leaders of the Patriotic Union of Kurdistan, Mahmoud Khoshnaw, Tuesday, the position of Kurdish leaders on assigning the personality of the Prime Minister, indicating that the Kurdish blocs will not stand in the face of any candidate who has a national consensus.
Social media abounds with a lot of information related to the elimination of the Corona virus, but many of this information is incorrect and is not based on scientific and medical grounds.
In response, the World Health Organization says there is no evidence to suggest that salt water is destroying the Corona virus, according to Reuters news agency.
The organization explains that there is some limited evidence that rinsing the nose with a saline solution (salt water) may help people recover from a cold faster, but this has not been shown to prevent respiratory infections.
Doctors at the Johns Hopkins Health Institute also emphasized that gargling with salt water does not help protect against coronaviruses, including corona virus.
Although saltwater gargling has proven effective as a home remedy for sore throats, sore throats are not a common symptom when infected with the Coronavirus.
There are no formal medical guidelines that recommend using salt, warm water or vinegar to get rid of the Corona virus, whether from specialized centers or even governments.
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
4-1-2020 Intel Guru Frank26 ...the same reserves that they use to support their currency exchange rate is what they are talking about tapping into now. The IMF is not going allow that. Why? Because the IMF wants them to raise the value of their currency and they need those reserves in order to raise the value of their currency...the only move is to exhale and raise the value of the currency...they need to jump into the international market with their own currency, with their own value.
3-31-2020 Intel Guru MarkZ [via PDK] [I have heard that CDC representatives will be at the redemption centers.] I have heard that the CDC along with Homeland Security have been going to all these centers to make sure provisions and guidelines are followed …I hope this is true and it will be a good and safe exchange process for us all.
3-31-2020 Newshound Guru MilitiaMan Article: "Currency Manipulation and Countervailing Duties" Quote: "On April 6, 2020, the rule is to go into effect and U.S. industries can begin submitting petitions for potential relief to the U.S. International Trade Commission and Commerce’s International Trade Administration" I'll bet that the data we are witnessing now out of Irag, USA, GB, CBs, etc., is that they are gearing for Iraq to be playing with the big boyz in and on the INTERNATIONAL STAGE!!! There are no coincidences imo...
3-31-2020 Newshound Guru Adam Montana Article: "The central bank clarifies the fact that it is not possible to pay salaries next month" Quote: "...Iraq's cash reserves are currently $ 60 billion," pointing out that "there is no reason to worry about that." Raise the value on the Dinar and their reserves are much more!
3-31-2020 Intel Guru Frank26 Question "..what is the most amazing thing that you see?" That they have stopped using the dollar and the mechanism [currency auctions] that uses the dollar. And the fact that that mechanism has has the potential to use the American dollar in a very fair way...
3-31-2020 Intel Guru MarkZ [via PDK] Still hearing good things about this week… Banking contacts are still hopeful they will see their funds release tomorrow…that is what they are being told…i don’t see how that is possible because of the logistics for exchange centers which are running on a skeleton crew. They have sick people with sick family members. I do not know how they will roll this out...They are still trying to figure this one out.
3-31-2020 Newshound Guru Pimpy As soon as someone finds out you're a millionaire man you can expect for people to find ways to try to scam it from you. Sue you for it, purposely accidentally fall down in your home. They're gonna do whatever it take to get the money from you. Let a lawyer set you up so that you're protected. In addition to that let a financial advising team set you up. You should tell yourself you don't want all your money at one time. Let your money be invested in such a way that you live off the interest and you never touch the principle. Be smart about it. [NOTE: Speak with your financial advisor at the appropriate time.] [post 2 of 2]
3-31-2020 Newshound Guru Pimpy ...for 86% of us you could be guaranteed that within 5 months [of rate change] you're gonna be flat broke. That's haunting. A lot of you out there are saying, 'man, that's not gonna happen to me.' But look most professional athletes that make hundreds of millions of dollars are flat broke within two year. That's because nobody teaches them how to manage money. I'm sure all those people said the same thing...just be smart about your money ... get an attorney that can set you up in a way where your assets are always protected. [post 1 of 2....stay tuned]
3-31-2020 Newshound Guru Kaperoni I had high hopes that this year significant progress was going to be made in Iraq regarding their economy and investment in the private sector. But in the last several weeks a lot has happened to set back the economy everything from the prime minister to low oil prices...to the Coronavirus. Until Iraq can get a new prime minister, a cabinet, parliament gets back to passing laws and the Coronavirus is resolved. I don't see the private sector opening up and investors coming to Iraq. And in 2013 the IMF was very clear on the direction for the dinar. They will create a diverse market economy/private sector and simultaneously float the Iraqi dinar to create an opportunity for the dinar to appreciate as a result of the success of the economy. Though this will give an opportunity for the dinar to go up in value, and also allow us as investors to possibly profit from that appreciation, it will never happen overnight...
3-31-2020 Newshound Guru MilitiaMan Article: "Currency Manipulation and Countervailing Duties" Quote: "On April 6, 2020, the rule is to go into effect and U.S. industries can begin submitting petitions for potential relief to the U.S. International Trade Commission and Commerce’s International Trade Administration" I'll bet that the data we are witnessing now out of Irag, USA, GB, CBs, etc., is that they are gearing for Iraq to be playing with the big boyz in and on the INTERNATIONAL STAGE!!! There are no coincidences imo...
3-31-2020 Newshound Guru Adam Montana Article: "The central bank clarifies the fact that it is not possible to pay salaries next month" Quote: "...Iraq's cash reserves are currently $ 60 billion," pointing out that "there is no reason to worry about that." Raise the value on the Dinar and their reserves are much more!
3-31-2020 Intel Guru Frank26 Question "..what is the most amazing thing that you see?" That they have stopped using the dollar and the mechanism [currency auctions] that uses the dollar. And the fact that that mechanism has has the potential to use the American dollar in a very fair way...
3-31-2020 Intel Guru MarkZ [via PDK] Still hearing good things about this week… Banking contacts are still hopeful they will see their funds release tomorrow…that is what they are being told…i don’t see how that is possible because of the logistics for exchange centers which are running on a skeleton crew. They have sick people with sick family members. I do not know how they will roll this out...They are still trying to figure this one out.
3-31-2020 Newshound Guru Pimpy As soon as someone finds out you're a millionaire man you can expect for people to find ways to try to scam it from you. Sue you for it, purposely accidentally fall down in your home. They're gonna do whatever it take to get the money from you. Let a lawyer set you up so that you're protected. In addition to that let a financial advising team set you up. You should tell yourself you don't want all your money at one time. Let your money be invested in such a way that you live off the interest and you never touch the principle. Be smart about it. [NOTE: Speak with your financial advisor at the appropriate time.] [post 2 of 2]
3-31-2020 Newshound Guru Pimpy ...for 86% of us you could be guaranteed that within 5 months [of rate change] you're gonna be flat broke. That's haunting. A lot of you out there are saying, 'man, that's not gonna happen to me.' But look most professional athletes that make hundreds of millions of dollars are flat broke within two year. That's because nobody teaches them how to manage money. I'm sure all those people said the same thing...just be smart about your money ... get an attorney that can set you up in a way where your assets are always protected. [post 1 of 2....stay tuned]
3-31-2020 Newshound Guru Kaperoni I had high hopes that this year significant progress was going to be made in Iraq regarding their economy and investment in the private sector. But in the last several weeks a lot has happened to set back the economy everything from the prime minister to low oil prices...to the Coronavirus. Until Iraq can get a new prime minister, a cabinet, parliament gets back to passing laws and the Coronavirus is resolved. I don't see the private sector opening up and investors coming to Iraq. And in 2013 the IMF was very clear on the direction for the dinar. They will create a diverse market economy/private sector and simultaneously float the Iraqi dinar to create an opportunity for the dinar to appreciate as a result of the success of the economy. Though this will give an opportunity for the dinar to go up in value, and also allow us as investors to possibly profit from that appreciation, it will never happen overnight...
Catnip's Corner:
*************
ARTICLE 1 (from PM Mahdi's website)
At the time this report was submitted, there are no new articles on PM Mahdi's website.
*************
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.
*************
ARTICLE 3
Deputy: Al-Zarfi will submit a request to Parliament to hold a session of granting confidence next week
3/31/2020 19:33
[Follow-up]
Member of Parliament Assaad Al-Murshidi confirmed on Tuesday that Prime Minister-designate Adnan Al-Zarfi will submit a formal request to the House of Representatives next week to hold a session to give his government confidence.
Al-Murshidi said in a statement, “The House of Representatives is unable to apologize for holding a session to give the Zarfi government confidence due to the outbreak of the Corona epidemic, as this contradicts the constitutional timing,” pointing out that “the parliament’s apology may lead to major constitutional problems that cannot be solved.”
He added that "Al-Zarfi is in the process of completing his cabinet, and the procedures for political consultations to pass his government," noting that "Al-Zarfi will submit a formal request to the House of Representatives next week to set the date for the session of granting confidence to his government."
And a number of political figures suggested, earlier, that Parliament apologize for holding a session to grant the government of Prime Minister-designate Adnan Al-Zarfi in light of the Corona pandemic and the application of the curfew.
He added that "Al-Zarfi is in the process of completing his cabinet, and the procedures for political consultations to pass his government," noting that "Al-Zarfi will submit a formal request to the House of Representatives next week to set the date for the session of granting confidence to his government."
And a number of political figures suggested, earlier, that Parliament apologize for holding a session to grant the government of Prime Minister-designate Adnan Al-Zarfi in light of the Corona pandemic and the application of the curfew.
*************
ARTICLE 4
Deputy: Al-Zarfi failed to grant Al-Halbousi six ministries, and the latter will stand against him
3/31/2020 15:10
[Baghdad-where]
Member of Parliament, on behalf of Khazaal, confirmed on Tuesday that the Prime Minister-designate Adnan Al-Zarfi failed to grant Parliament Speaker Muhammad Al-Halbousi six ministries to pass his government, while he stated that Al-Halbousi would stand against the passage of Al-Zarfi in Parliament.
Khazal said in a statement, "Al-Zarfi is moving at the present time to persuade the political blocs to pass his government and offer a lot of temptations to achieve this."
He added that "Al-Zarfi is unable to grant Al-Halbusi these ministries, as some blocs are also demanding access to ministerial portfolios," noting that "Al-Halbusi will stand against the passage of the government of Al-Zarfi to the intersection of interests between them."
The MP revealed the parliamentary bloc of Sadiqun Fadel Jaber, on Monday, a great split between the Shiite political blocs over the passing of the Prime Minister-designate Adnan Al-Zarfi, so he showed that the Al-Fateh Alliance is still adhering to his position rejecting the passage of Al-Zarfi.
He added that "Al-Zarfi is unable to grant Al-Halbusi these ministries, as some blocs are also demanding access to ministerial portfolios," noting that "Al-Halbusi will stand against the passage of the government of Al-Zarfi to the intersection of interests between them."
The MP revealed the parliamentary bloc of Sadiqun Fadel Jaber, on Monday, a great split between the Shiite political blocs over the passing of the Prime Minister-designate Adnan Al-Zarfi, so he showed that the Al-Fateh Alliance is still adhering to his position rejecting the passage of Al-Zarfi.
*************
ARTICLE 5
Kurdish leader: We will not participate in any government that does not achieve national consensus
3/31/2020 18:54
[Baghdad-where]
Among the leaders of the Patriotic Union of Kurdistan, Mahmoud Khoshnaw, Tuesday, the position of Kurdish leaders on assigning the personality of the Prime Minister, indicating that the Kurdish blocs will not stand in the face of any candidate who has a national consensus.
Khushnaw said that "the Kurdish blocs in Arbil and Sulaymaniyah have their stance on the positions of the Shiite blocs that agree on a personality commensurate with the stage," noting that "the Kurds are with the national consensus and with the political majority in the Shiite political house agreeing to find a new commissioner."
Earlier in the day, the representative of the Parliamentary Current Movement, Sattar Al-Jabri, confirmed that no progress had been made regarding the government booth of Prime Minister-designate Adnan Al-Zorfi.
While a member of the House of Representatives on behalf of Khazaal considered that the Prime Minister-designate Adnan Al-Zarfi failed to grant Parliament Speaker Muhammad Al-Halbousi six ministries to pass his government, stating that Al-Halbousi would stand against the passage of Al-Zarfi in Parliament.
Earlier in the day, the representative of the Parliamentary Current Movement, Sattar Al-Jabri, confirmed that no progress had been made regarding the government booth of Prime Minister-designate Adnan Al-Zorfi.
While a member of the House of Representatives on behalf of Khazaal considered that the Prime Minister-designate Adnan Al-Zarfi failed to grant Parliament Speaker Muhammad Al-Halbousi six ministries to pass his government, stating that Al-Halbousi would stand against the passage of Al-Zarfi in Parliament.
*************
ARTICLE 6
Will this gargle kill Corona? .. Global Health answers
3/29/2020 12:18
[Follow-up]
Social media abounds with a lot of information related to the elimination of the Corona virus, but many of this information is incorrect and is not based on scientific and medical grounds.
One of the ways many social media users communicate is that gargling with vinegar or warm, salt water saves the patient from the deadly virus.
In response, the World Health Organization says there is no evidence to suggest that salt water is destroying the Corona virus, according to Reuters news agency.
The organization explains that there is some limited evidence that rinsing the nose with a saline solution (salt water) may help people recover from a cold faster, but this has not been shown to prevent respiratory infections.
Doctors at the Johns Hopkins Health Institute also emphasized that gargling with salt water does not help protect against coronaviruses, including corona virus.
Although saltwater gargling has proven effective as a home remedy for sore throats, sore throats are not a common symptom when infected with the Coronavirus.
There are no formal medical guidelines that recommend using salt, warm water or vinegar to get rid of the Corona virus, whether from specialized centers or even governments.
*************
No comments:
Post a Comment