The Markets: time taken at 2:30 am Cali time
Asian markets closed mixed NIK down by 2.84% HSI by 4.18 % SHANG closed up by 1.33%
futures are currently red the dow number 23264 at 1.5% SNP down 1.33% NDX down at 1.13%
UK markets currently trading in the red from .65% to 4.38%
Precious Metals:
Gold green at 1706 silver green at 15.05 Copper red at 228 Platinum red at 759
Brent is 25 WTI 18
Favorite Currencies Forex Quotes
| Symbol | Bid | Ask | High | Low | Open | Change | Time |
|---|---|---|---|---|---|---|---|
| USD/IQD |  0.0000 | 0.0000 | 1191.3000 | 1189.0000 | 1191.3000 | -2.8000 | 00:00 |
| USD/VND | 0.0000 | 0.0000 | 23431.2100 | 23412.6200 | 23412.6200 |  18.7800 | 00:00 |
| USD/CNY |  7.0615 | 7.0635 | 7.0615 | 7.0613 | 7.0613 | 0.0002 | 01:09 |
| USD/KWD | 0.3086 | 0.3096 | 0.3100 | 0.3094 | 0.3100 | -0.0007 | 04:46 |
| GBP/USD | 1.2436 | 1.2438 | 1.2487 | 1.2414 | 1.2487 | -0.0055 | 04:51 |
| USD/IRR | 0.0000 | 0.0000 | 42097.5000 | 42097.5000 | 42097.5000 | 97.5000 | 00:00 |
| USD/IDR | 15182.0000 | 15194.0000 | 15219.0000 | 14825.0000 | 14836.0000 | -3.0000 | 04:50 |
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TX park ranger pushed into lake...
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Arizona sheriffs won't enforce stay-at-home...
Crowds gather to buy new Air Jordans in Atlanta...
Homeless commandeering LA hotels...
Town ends face mask rule after threats...
Arizona sheriffs won't enforce stay-at-home...
Crowds gather to buy new Air Jordans in Atlanta...
Homeless commandeering LA hotels...
Robots and cameras: China's sci-fi quarantine watch...
Russia uses helicopters, drones to monitor...
Cellphone tracking spreading. So is unease of surveillance...
Iraqi Articles:
The exchange rates of the dollar on the stock exchange rose slightly, as it stabilized in the local markets, Monday (May 4, 2020).
The prices of the Kifah Stock Exchange - Baghdad recorded 123,800 dinars per 100 dollars.
Buying and selling prices in banking shops
The sale price of the dollar = 124.750 dinars.
The purchase price of the dollar = 122.750 dinars.
Deputy: Parliament session will be held in the large hall for health protection and disputes over the cab are no longer material
Member of the House of Representatives for the Hussein Arab will movement confirmed today, Monday, that the session of granting confidence to Mustafa Al-Kazemi Ministerial Cabinet will be held in the large hall for health protection.
Arab said in a press statement, "The venue of the session will be in the conference hall in Parliament, due to its large size and there will be a distance between each deputy and another for health protection."
And Arabs seemed comfortable with the passing of the government with "the continuation of some problems, especially some ministries, whether in terms of being from the share of this or that party or objecting to the personalities nominated for it," he is likely to "resolve these differences because they are not completely fundamental."
Al-Mulla: Al-Kazemi will go through with differences
Former parliament member Haider Al-Mulla confirmed today, Monday, that the cabinet charged with forming the government, Mustafa Al-Kazemi, will pass with differences over it.
"Al-Kazemi will pass with differences here and there, but in the end, it will not constitute an obstacle to voting inside the parliament dome, regardless of the objections that are not essential as far as they are included in the details section," Al-Mulla said in a statement to Al-Sharqiya newspaper, followed by "Al-Akhbaria".
He added that "the important thing is that the main forces have agreed to pass Al-Kazemi and therefore there are no longer fundamental difficulties on his way that could hinder the voting process."
Democratic Leader: Al-Kazemi's booth will be passed in the voting session
Majed Shankali, leader of the Kurdistan Democratic Party led by Masoud Barzani, confirmed today, Monday, that the cabinet of the person charged with Mustafa Al-Kazemi will be passed in Parliament.
Shankali said in a tweet on his Twitter account: "Despite all the comments on Al-Kazemi's booth and gossip, he refused from here, and saved the results from there. The useful summary: Al-Kazemi's booth will be passed in the voting session."
After retreating, Iran agrees to delete 4 zeros from its currency
Official Iranian media reported on Monday that the Iranian parliament approved a bill allowing the government to delete four zeros from the riyal, following a sharp decline in the value of the currency due to US sanctions.
Under the project, Iran's national currency will change from one riyal to a toman, which is equal to ten thousand riyals.
The Iranian Student News Agency said, "The law to delete four zeros from the national currency was approved by lawmakers."
The bill needs approval from a panel of clerics that examines the laws before they become effective.
State television indicated that it would take two years for the Iranian Central Bank to "pave the way for the currency to be converted to Toman."
The idea of deleting four zeros has been circulating since 2008, but it became more urgent after 2018, when US President Donald Trump withdrew from the 2015 nuclear deal and reimposed sanctions, as the riyal lost more than 60 percent of its value.
According to foreign exchange sites, the Iranian currency recorded about 156,000 riyals per dollar on the informal market today. The weak currency and high inflation have sparked intermittent protests since late 2017.
Rehearsal to Break into the Green' .. Wasit crowds carry 'shields' and prepare for a round of protests (video)
On Sunday, Wasit Governorate witnessed a massive demonstration in protest against the procrastination of the demand for early elections, threatening to resume demonstrations and storm the Green Zone.
Videos and pictures of "Nass" (3 May 2020) showed crowds of protesters carrying "shields" and chanting slogans denouncing the ruling political forces.
The demonstrators vowed, with a new round of protests and a "crawl" towards the Green Zone in Baghdad, in response to the failure to implement the demands of the demonstrators for months.
The Central Bank of Iraq, the Erbil branch, denies supplying the Kurdistan Region with any sums
The Iraqi Central Bank denied the Erbil branch, today, Sunday, that it had transferred funds to the Ministry of Finance and Economy in the Kurdistan Regional Government, stating that the branch belongs to the Iraqi government and has no relationship with the regional government.
And a statement of the Central Bank of Iraq branch in Arbil quoted the branch manager Kazem Namik Ahmed and responded to Shafak News, regarding the news that talked about the receipt of financial amounts to the province's bank account, saying that since 2017 the province bank has not remained and the Iraqi Central Bank has become the branch of Arbil, which is affiliated with the bank The Iraqi Central and not the Kurdistan Regional Government.
And that the sums in the branch are affiliated with the Iraqi Central Bank, which is affiliated with the federal Iraqi government, and has nothing to do with the salaries of the region's employees, and the branch also supervises the financing of the Central Bank of Iraq’s branch in Mosul as well.
Ahmed added that the Federal Ministry of Finance in Baghdad whenever the Central Bank of Iraq ordered then the branch can deliver the amount to the Ministry of Finance and Economy in the Kurdistan Regional Government.
CBI, ISX,Dinar Guru:
CBI Update: now today May 4th the rate of 1190.000 changes to 1190,000 from Araic to English
Click on the link above for the latest update.
The CBI for rate is 1190.
The currency auction total sales amount $ 160,891,975 Auction held today no cash
ISX Update: ISX website is still down
Shares Traded: no new info
Value Traded: no new info
ISX traded ended in
5-3-2020 *** Dinar Guru News *** Guru Frank26 is having major surgery this next week. Whether you agree with his perspectives on the dinar or not or enjoy his colorful Frank26 ways of sharing or not, everyone agrees he has been an important contributor to the dinar community for a very long time. Our thoughts and prayers go out to him and his family. Get well Frank26...the community is behind you!!
5-4-2020 Newshound Guru MilitiaMan Article: "The Website Of The Iraq Stock Exchange Has Stopped Working" I would like to mention the timing of the ISX being down since Thursday is very interesting. We know now that the CBIESD site shows the ISX Indice to have been adjusted from Blue to Black ink in respect to the Index value. The value increased by over 1000%. That fact is in stone imo. ...It wasn’t a glitch! if it was and they made changes today to other key items, then why not fix an “error" to such an important component of the sites structure in reporting? They would have by now imo fixed any error. [post 1 of 2....stay tuned]
5-3-2020 Intel Guru RayRen98 ...Iraqi TV reported in a breaking news, citing sources, that the voting session for the new Iraqi government headed by Mustafa Al-Kazemi will take place on Monday. Al-Kazemi has sent the full ministerial formation to the House of Representatives, explaining that the names of the candidates for the cabinet will be sent, within the constitutional period. Shiite blocs have given Al-Kazemi the green light to present his program and his government to Parliament and the request for a special confidence-granting session. The Speaker of Parliament, Mohamed Al-Halbousi, directed the members of the Council to be in Baghdad next Monday, expecting to hold a session to vote on the cabinet booth this week.
5-3-2020 Newshound Guru Kaperoni ...guru Frank26 still believes currency reform will happen very soon...There will not be until Iraq gets everything they need done which includes laws, a government, and the conditions for investors to want to participate in the private sector. Currency reform in any form is never random, or arbitrary. Currency reform is based on sound principles...
5-3-2020 Intel Guru Footforward [Question: President Trump re-signed the E.O 13303 on May 23, 2019. It's set to expire on the 20th of May, 2020... @footforward what are your thoughts on this EO?] ...if the RV doesn't happen by then I'd expect him to extend it. That's been happening for years. I wouldn't say that serves as a back end date. I do feel they want this done sooner rather then later.
5-3-2020 Newshound Guru Jeff Article: "Parliamentary source: Al-Halbousi instructed MPs to be in Baghdad next Monday" ...They're saying they're gonna do it [vote] on Monday. We'll see if they do it on Monday. I don't care what day they do it because I already know they're gonna do it...
5-3-2020 Intel Guru Frank26 ...IMO...I will not cross the river with you. How long do you think it will take me to recover? Two weeks? ...whenever they do raise the value of this currency it's not like they're going to celebrate and throw fireworks up into the sky. It's not like they're gonna put it on the front page of the newspaper. The international world will probably talk about it but inside Iraq - business as usual...it won't be a big fan fair. They've been teaching them for a long time...there is a change coming to the monetary reform...
5-3-2020 Newshound Guru Pimpy We do know that the U.N and IMF work in tangent with one another and they're the people that's going to pull the trigger on this deal...in order for the restriction on their currency to be removed there needs to be some type of stability. So having a PM in there along with his cabinet is going to lend a lot to stabilities to what's going on there in Iraq. Hopefully the UN will remove the restrictions and we'll see the IQD on the Forex. Once it starts trading I believe a lot of speculators are gonna jump all over that currency causing the exchange rate to jump up...we will see shortly... [post 2 of 2]
5-3-2020 Newshound Guru Pimpy Article: "Agreeing on public voting at the session to give confidence to the Al-Kazemi government" ...our boy Kazemi, it looks like he's going to pass...It looks like all the different voting blocks are going to go ahead and pass him...the constitution of Iraq article 76 says if they turn down this current nomination as PM then that means it gives the president the right to dissolve the parliament which is what I want to happen...what does this mean to our Iraqi dinar? What we're looking for is stability. I don't believe this government has anything to do with whether or not the rate change gets changed... [post 1 of 2....stay tuned]
5-3-2020 Newshound Guru Kaperoni ...guru Frank26 still believes currency reform will happen very soon...There will not be until Iraq gets everything they need done which includes laws, a government, and the conditions for investors to want to participate in the private sector. Currency reform in any form is never random, or arbitrary. Currency reform is based on sound principles...
5-3-2020 Intel Guru Footforward [Question: President Trump re-signed the E.O 13303 on May 23, 2019. It's set to expire on the 20th of May, 2020... @footforward what are your thoughts on this EO?] ...if the RV doesn't happen by then I'd expect him to extend it. That's been happening for years. I wouldn't say that serves as a back end date. I do feel they want this done sooner rather then later.
5-3-2020 Newshound Guru Jeff Article: "Parliamentary source: Al-Halbousi instructed MPs to be in Baghdad next Monday" ...They're saying they're gonna do it [vote] on Monday. We'll see if they do it on Monday. I don't care what day they do it because I already know they're gonna do it...
5-3-2020 Intel Guru Frank26 ...IMO...I will not cross the river with you. How long do you think it will take me to recover? Two weeks? ...whenever they do raise the value of this currency it's not like they're going to celebrate and throw fireworks up into the sky. It's not like they're gonna put it on the front page of the newspaper. The international world will probably talk about it but inside Iraq - business as usual...it won't be a big fan fair. They've been teaching them for a long time...there is a change coming to the monetary reform...
5-3-2020 Newshound Guru Pimpy We do know that the U.N and IMF work in tangent with one another and they're the people that's going to pull the trigger on this deal...in order for the restriction on their currency to be removed there needs to be some type of stability. So having a PM in there along with his cabinet is going to lend a lot to stabilities to what's going on there in Iraq. Hopefully the UN will remove the restrictions and we'll see the IQD on the Forex. Once it starts trading I believe a lot of speculators are gonna jump all over that currency causing the exchange rate to jump up...we will see shortly... [post 2 of 2]
5-3-2020 Newshound Guru Pimpy Article: "Agreeing on public voting at the session to give confidence to the Al-Kazemi government" ...our boy Kazemi, it looks like he's going to pass...It looks like all the different voting blocks are going to go ahead and pass him...the constitution of Iraq article 76 says if they turn down this current nomination as PM then that means it gives the president the right to dissolve the parliament which is what I want to happen...what does this mean to our Iraqi dinar? What we're looking for is stability. I don't believe this government has anything to do with whether or not the rate change gets changed... [post 1 of 2....stay tuned]
Catnip's Corner:
***********
ARTICLE 1 (from PM Mahdi's
At the time this report was submitted, there are no new articles posted on PM Mahdi's website.
***********
ARTICLE 2 (from Government of
At the time this report was
account.
***********
ARTICLE 3
State of Law officially announces no vote on the Al-Kazemi government
3/5/2020 18:22
Where's the news - Baghdad
The State of Law coalition announced on Sunday that it did not vote in favor of the government of Prime Minister-designate Mustafa al-Kazimi in Parliament, considering that the government formation that was presented to the blocs "contradicts" the aspirations of the Iraqis.
A statement of the coalition, where the agency received a copy of, said, "The State of Law coalition confirms that it made great efforts with the rest of the political blocs to form the new government, in order to address the major challenges facing Iraq in the economic, security and health fields."
He added, "During the negotiations, mechanisms were agreed upon to choose the candidates for the new government, with the designated prime minister dealing with all political blocs according to one approach."
The statement added, "But the course of forming the government began to take a different course from what was agreed upon, which called us to make additional efforts to correct options and nominate candidates with competence, integrity and leadership capabilities from sincere energies in Iraqi society."
He continued, "With great regret, our sincere efforts in correcting this path did not culminate, so the government formation presented by the commissioner to the political blocs came in contradiction with the aspirations of the Iraqi people, as it includes a number of controversial candidates who did not meet the required specifications of competence, integrity and acceptability."
The coalition concluded its statement by saying that "on this basis the State of Law coalition announces that it did not participate in the formation of this government and did not vote for it in the House of Representatives, and leaves the option to the rest of the members of the Council to take the appropriate decision regarding it."
***********
ARTICLE 4
Al-Fateh Alliance: Al-Kazemi reiterated the mistakes of the former official in the mechanism of selecting ministerial candidates
3/5/2020 19:02
Where's the news - Baghdad
On Sunday, head of the Al-Fath Parliamentary Bloc, Muhammad al-Ghabban, confirmed that Prime Minister-designate Mustafa al-Kazemi repeated the mistakes of the former official in the mechanism for selecting candidates.
And the Iraqi News Agency quoted al-Ghabban as saying, “The political blocs have previously agreed with Al-Kazemi to authorize the candidate to choose his cabinet away from quotas, provided that the candidate has competence, integrity and acceptability, and that these standards apply to everyone.”
He added that "the prime minister-designate repeated the mistakes of the former-commissioner in the curriculum and the mechanism for selecting candidates, which the blocs objected to and requested that the path be corrected and the candidates changed."
Al-Ghabban affirmed, “The taxpayer is continuing consultations and negotiations to replace the candidates.
***********
ARTICLE 5
Parliamentary Economy announces the launch of two projects to employ 4,000 young people
5/2/2020 17:39
[Baghdad-where]
The Parliamentary Economy and Investment Committee announced, on Saturday, that two youth employment projects will be launched in Basra and Baghdad governorates, while it indicated that the two projects will provide more than 4,000 job opportunities for unemployed youth.
Committee member Mithaq Al-Hamedi said in a statement, "The Ministry of Planning will launch two projects within the national project for youth employment in Basra and Baghdad provinces within the coming days."
She added that "the project in Basra governorate will provide four thousand job opportunities for unemployed youth", noting that "the national project will contribute to reducing the level of unemployment and making the money circulate inside the country."
The Parliamentary Economy and Investment Committee confirmed, earlier, that the Central Bank of Iraq informed it of its willingness to increase the volume of funds allocated to support the national project to employ unemployed youth.
And the Ministry of Planning launched earlier two projects within the national project to provide job opportunities for young people, which will provide job opportunities for more than two thousand young men from Dhi Qar.
ARTICLE 1 (from PM Mahdi's
At the time this report was submitted, there are no new articles posted on PM Mahdi's website.
***********
ARTICLE 2 (from Government of
At the time this report was
account.
***********
ARTICLE 3
State of Law officially announces no vote on the Al-Kazemi government
3/5/2020 18:22
Where's the news - Baghdad
The State of Law coalition announced on Sunday that it did not vote in favor of the government of Prime Minister-designate Mustafa al-Kazimi in Parliament, considering that the government formation that was presented to the blocs "contradicts" the aspirations of the Iraqis.
A statement of the coalition, where the agency received a copy of, said, "The State of Law coalition confirms that it made great efforts with the rest of the political blocs to form the new government, in order to address the major challenges facing Iraq in the economic, security and health fields."
He added, "During the negotiations, mechanisms were agreed upon to choose the candidates for the new government, with the designated prime minister dealing with all political blocs according to one approach."
The statement added, "But the course of forming the government began to take a different course from what was agreed upon, which called us to make additional efforts to correct options and nominate candidates with competence, integrity and leadership capabilities from sincere energies in Iraqi society."
He continued, "With great regret, our sincere efforts in correcting this path did not culminate, so the government formation presented by the commissioner to the political blocs came in contradiction with the aspirations of the Iraqi people, as it includes a number of controversial candidates who did not meet the required specifications of competence, integrity and acceptability."
The coalition concluded its statement by saying that "on this basis the State of Law coalition announces that it did not participate in the formation of this government and did not vote for it in the House of Representatives, and leaves the option to the rest of the members of the Council to take the appropriate decision regarding it."
***********
ARTICLE 4
Al-Fateh Alliance: Al-Kazemi reiterated the mistakes of the former official in the mechanism of selecting ministerial candidates
3/5/2020 19:02
Where's the news - Baghdad
On Sunday, head of the Al-Fath Parliamentary Bloc, Muhammad al-Ghabban, confirmed that Prime Minister-designate Mustafa al-Kazemi repeated the mistakes of the former official in the mechanism for selecting candidates.
And the Iraqi News Agency quoted al-Ghabban as saying, “The political blocs have previously agreed with Al-Kazemi to authorize the candidate to choose his cabinet away from quotas, provided that the candidate has competence, integrity and acceptability, and that these standards apply to everyone.”
He added that "the prime minister-designate repeated the mistakes of the former-commissioner in the curriculum and the mechanism for selecting candidates, which the blocs objected to and requested that the path be corrected and the candidates changed."
Al-Ghabban affirmed, “The taxpayer is continuing consultations and negotiations to replace the candidates.
***********
ARTICLE 5
Parliamentary Economy announces the launch of two projects to employ 4,000 young people
5/2/2020 17:39
[Baghdad-where]
The Parliamentary Economy and Investment Committee announced, on Saturday, that two youth employment projects will be launched in Basra and Baghdad governorates, while it indicated that the two projects will provide more than 4,000 job opportunities for unemployed youth.
Committee member Mithaq Al-Hamedi said in a statement, "The Ministry of Planning will launch two projects within the national project for youth employment in Basra and Baghdad provinces within the coming days."
She added that "the project in Basra governorate will provide four thousand job opportunities for unemployed youth", noting that "the national project will contribute to reducing the level of unemployment and making the money circulate inside the country."
The Parliamentary Economy and Investment Committee confirmed, earlier, that the Central Bank of Iraq informed it of its willingness to increase the volume of funds allocated to support the national project to employ unemployed youth.
And the Ministry of Planning launched earlier two projects within the national project to provide job opportunities for young people, which will provide job opportunities for more than two thousand young men from Dhi Qar.
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