Thursday, May 21, 2020

WOTS THUR MAY 21 2020

WOTS THUR MAY 21 2020


TNT Update For 

News on Iraqi TV is showing a Parliament spokesman for Al-Kadhimi stating that all former ministers of past PM Mahdi's government who are on the corruption files will be held accountable in the coming days.
President Trump signed Executive Order No. 13303 and it states that it’s good for one year. biggrin
 
Iraqi TV indicates the next two sessions of Parliament will be dedicated to first, completing the last 7 cabinet members then the second session will pass the 2020 budget. #wearethepeople

The foreign currency markets in Iraq recorded, today, Thursday, an increase in the exchange rate of the US dollar against the Iraqi dinar.
The selling and buying prices of the dollar in banking companies and bureaus came as follows:
The selling price of one dollar is 1235 dinars, or 123 thousand and 500 dinars per hundred dollars.The purchase price of the dollar is 1225 dinars, or 122 thousand and 500 dinars per hundred dollars. 

The Markets:
The Asian markets closed down  NIK by .21% HSI by .49%  SHANG by .55%
Our futures are currently red  DOW at 2443 down by .35%  SNP own by .38%  NDX red by .28%
THe UK markets are currently trading in the red  1.12 % to .71


Precious Metals:
Gold red at 1737  Silver 17.74  Copper red at 244 Platinum red at 845

Brent 36.55  WTI 32
 


Favorite Currencies Forex Quotes

SymbolBidAskHighLowOpenChangeTime
 USD/IQD  1160.8000  1215.5000 1187.8000 1187.8000 1187.8000  -0.2000 00:21
 USD/VND  23334.0000  23337.0000 23257.3300 23249.2300 23249.2300  10.0900 17:22
 USD/CNY  7.1046  7.1066 7.1050 7.0926 7.0926  0.0116 05:11
 USD/KWD  0.3083  0.3093 0.3085 0.3084 0.3085  -0.0001 04:48
 GBP/USD  1.2227  1.2229 1.2243 1.2185 1.2235  -0.0008 05:11
 USD/IRR  42000.0000  42210.0000 42097.5000 42097.5000 42097.5000  97.5000 06:03
 USD/IDR  14731.0000  14736.0000 14746.0000 14679.0000 14683.0000  43.0000 05:09


Iraqi Articles:

Shell evacuated foreign employees of the Basra gas project
Reuters quoted Basra Gas Company officials on Thursday as saying that Shell evacuated its 60 foreign employees from Basra Gas Company in Iraq and transferred them outside the country on Wednesday.
The officials said that the employees were evacuated for security reasons after laid-off employees organized a protest at Basra Gas Company headquarters and near another company complex.
The Basra Gas Company is a joint venture between the government-owned South Gas Company, Shell and Mitsubishi.

A new statement from the Al-Fatah coalition on the Al-Kazemi government
On Thursday, the Al-Fateh Alliance expressed optimism about the ability of the Mustafa Al-Kazimi government to overcome the challenges that beset Iraq by exploiting international and domestic support.   
The coalition spokesman, MP Ahmad Al-Asadi, said in a statement to the official agency affiliated with "Nass" (May 21, 2020) that "the Al-Fateh coalition is supportive of Al-Kazemi's government and optimistic in the ministerial formation."  

He added, "The main task of the government now is to succeed in dealing with the economic and health crisis, especially in light of the Corona pandemic, as well as to prepare for fair and fair elections."  
In another context, Al-Asadi stressed that "international support is important and constitutes great support for the Iraq process, but the extent of its investment depends on the steps of the government and the plans it sets to benefit from it and invest it internally and externally, especially in the matter of restoring the regional and international role of Iraq."  

It should be noted that the House of Representatives had given confidence to members of the Al-Kazemi government to ministers (Defense Juma Anad, Interior Othman Al-Ghanmi, Finance Ali Abdul Amir Allawi, Planning Khaled Najm, Construction and Housing Nazlin Muhammad, Health Hassan Muhammad Abbas, Electricity Majid Mahdi Ali, Education Nabil Kazim Abdul-Saheb, transportation Nasser Hussein Bandar, youth and sports Adnan Darjal, industry Manhal Aziz and communications Arkan Shihab, Adel Hashush Minister of Labor, Mahdi Rashid Jassem Minister of Water Resources and Hamid Mukhlif Minister of Education).  
Five ministries remained that were not voted on by members of the House of Representatives (trade, agriculture, immigration, the displaced, justice and culture), while voting on the candidates for the foreign and oil ministries was postponed. 

Al-Fateh: We support Al-Kazemi, and international support must be invested


Al-Fateh Alliance announced, Thursday, its support for Mustafa Al-Kazimi's government to overcome political, economic and health crises, while noting that the investment of international support depends on the government's steps.
"The Al-Fatah coalition is supportive of the Al-Kazemi government and optimistic about the cabinet," said coalition spokesman MP Ahmad al-Asadi, according to the official agency.
He added, "The main task of the government now is to succeed in dealing with the economic and health crisis, especially in light of the Corona pandemic," as well as to prepare for fair and fair elections.
In another context, Al-Asadi affirmed that “international support is important and constitutes great support for the Iraq process, but the extent of its investment depends on the steps of the government and the plans it sets to benefit from it and invest it internally and externally, especially in the matter of restoring the regional and international role of Iraq.”

To vote on vacant bags and the budget .. Two close sessions of Parliament

 Parliament is preparing to hold two sessions to vote on the remaining ministerial portfolios and the Federal Budget Law for 2020.
A member of the Presidency of the Council, Bashir Al-Haddad, according to government media, said, "The House of Representatives is scheduled to soon hold two sessions, the first of which is to vote on the remaining ministerial portfolios and complete The government formation, if a list of candidates is received
He pointed out that "the House of Representatives will hold another session to discuss and approve the Federal Budget Law for 2020 if it is received from the government.

CBI, ISX,Dinar Guru:
CBI Update:  
Click on the link above for the latest update.
The CBI  rate is 1190.
The currency auction total sales amount $ 190,411,559 Auction held  today 
$ 3,180,000 in cash 5 days in a row with cash 
ISX Update:    
Shares Traded: 1,025,319,798
Value Traded: 1,282,677,370

ISX traded ended in 0.79%
Dinar Guru Chatter: http://www.dinarguru.com

5-20-2020   Newshound/Intel Guru Mnt Goat   Article:  "EMERGENCY CELL TO BE FORMED TO REVIEW FINANCIAL REFORM TO MANAGE THE CURRENT FINANCIAL SITUATION AND FIND THE REMEDIES AND SOLUTIONS TO OVERCOME THE COUNTRY'S COMPLEX ECONOMIC CRISIS"  ...there were 9 pillars of reform listed. One of which was and I quote – “Fourth, securing the amounts allocated to the reform decisions committed by the outgoing government to implement the demands of the demonstrators.” We know one of these demands is to eliminate the currency auctions. Back in 2019 the CBI said they are working on it and will get it done. They said this to satisfy this demand. This is still underway. At this time the CBI said they only needed a newly formed, stable government and the protesting to stop in order to complete it.

5-20-2020   Intel Guru Footforward   [What is everybody’s thoughts in executive order 13303  that expires in 2 days...?]  ...it will be awesome it if doesn't get renewed!   ...it allows people to invest in Iraq. We are at war with Iraq technically. So if that expires and the declaration of war is not removed then no one can sell or buy dinar...so if that happens, most will freak out. It could also be a sign that the RV is close to happening and they want a natural way to stop dinar sales without tipping people off by sending out a mandate to stop...We will cash out in my opinion. But don't be surprised if this looks hopeless right before it happens...

5-20-2020   Intel Guru RayRen98   Iraqi TV is broadcasting that PM Al-Kadhimi has ordered to print new money to pay the citizen's salaries and that Iraq will borrow the funds to cover the deficit in the budget. A new law will allow them to defer the  payment of loans until later.

5-20-2020   Newshound Guru Pimpy  ...I told you al-Kazemi is no joke.  This guy is already going for the rest of his ministry.  The rest of his cabinet to be voted on before...the big holiday which is coming up here real soon.  There is a lot of energy in the dinar community in hopes that the rate will change right on or before this holiday.  I would be really grateful for that...I'm liking this guy a whole lot.  Unlike the other people who drug their feet, man this guy's like look this is it.  We're doing this, we're moving forward...looks like our boy Al-Kazemi is gonna get the rest of his cabinet members in there sometime this week or next week...

5-20-2020   Intel Guru MarkZ   [via PDK]   No movement or rate change in Iraq…yet.  Based on all I am hearing I am still expecting it between now and June 1...i am trying to look at it logically and I know they need things in place for the 1st.  ...based on what I am hearing from many sources…this month is very much in play and the goal line is June 1... I have cross referenced this intel…gone back and forth, shaken the cages…and I think the goal line is June 1. This means they have to get busy and we should start seeing more movement throughout this weekend if they are going to make this happen...the reset is right around the corner…It is going down…we are watching it…

5-20-2020   Newshound/Intel Guru Mnt Goat   Article:  "GOVERNMENT OF PRIME MINISTER MUSTAFA AL-KAZEMI WILL GO TO PRINT A NEW LOCAL CURRENCY IN ORDER TO PAY THE SALARIES OF EMPLOYEES"   This printing of money is not good for us investors. It shows us they are not serious about completing the project to delete the zeros any time soon. First in order to do the project they will have to recollect all these larger notes all over again to bring the money supply back to levels acceptable to complete the project. We could be waiting a longer than expected timeframe for the reinstatement than we hoped. Let us pray they do  not do this printing of more currency.

Catnip's Corner:

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

The Higher Committee for Health and National Safety holds its ninth session chaired by the Prime Minister

The Higher Committee for Health and National Safety held its ninth session, today, Wednesday, headed by Prime Minister Mustafa Al-Kazemi.

Its agenda was discussed on measures to combat the Corona pandemic, developments in the health situation in Baghdad and the governorates, the level of commitment to the curfew, and the risks and consequences of non-compliance in a number of regions.

The Prime Minister stressed the adherence to health protection guidelines and the implementation of security duties to impose a curfew without complacency in its appointed times and a comprehensive ban during the Eid al-Fitr holiday, and to emphasize the increase of awareness campaigns through the media, calling for everyone to cooperate to avoid the increasing and spreading of the risk of injuries and exposing the system The health system for more pressures exceeds its design capacity, and affects the ability to provide treatment services for other cases, including chronic diseases and others.

The Council listened to a report submitted by the Minister of Health and Environment on infection rates and its graph, recovery and death cases, and noting an increase in infections requiring tougher measures to protect citizens from the risk of spreading the virus and warning against ignoring health advice and advice.

The Supreme Committee discussed a number of organizational issues and granting facilities to enter the materials and equipment needed for one of the electrical stations, provided that they are subject to sanitary protection measures, and preventing the import of a number of agricultural crops because they are available in large quantities in the local market.

Media office of the Prime Minister
20-May-2020

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ARTICLE 1-B (from PM Kadhimi's website; posted on both the Arabic and English sides)

The Prime Minister receives a common congratulatory message from the European Commission and European Council Presidents

The Prime Minister, Mr. Mustafa Al-Kazemi, received a joint congratulatory message from the President of the European Commission, Mrs. Ursula von der, and the President of the European Council, Mr. Charles Michel, in which they congratulated Mr. Al-Kazemi on the occasion of assuming the presidency of the government, expressing the Commission’s support for the new government, stressing the strengthening of Successful relations between Iraq and the European Commission for the good, stability and prosperity of Iraq.

Media office of the Prime Minister
May 19-2020

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

The Council of Ministers holds its third regular session, headed by Prime Minister Mustafa Al-Kazemi

The Council of Ministers held its third regular session, headed by Prime Minister Mustafa Al-Kazemi, and Mr. Al-Kazemi stressed in a speech in which he opened the session that the government is determined to overcome the security, economic and health challenges, directed by making exceptional efforts in ministerial work and responsibilities in the spirit of one team and closing the doors of corruption and liberation From bureaucracy and not to make mistakes in previous mistakes.

The Council discussed measures to mitigate the effects of the economic crisis on citizens, as the Prime Minister directed the Ministry of Finance to release the salaries of employees for the month of May without deduction, and take measures to allow the Ministry of Finance to borrow to cover the financial deficit caused by low oil prices.

The Council also discussed ways to maximize the non-oil revenues of the state and address financial balances that are not controlled by some ministries that are not included in the state treasury.

The Cabinet discussed efforts to confront the Corona pandemic and the latest developments and measures taken to stop the risk of the spread of the virus, and reaffirmed the importance of intensifying awareness campaigns and the need for citizens to adhere to health guidelines. Domestic, regional, and laboratory investigations.

As the Minister of Health indicated that the increasing number of injured people is beginning to put pressure on the health system, indicating that citizens ’commitment to health directives will keep matters under control, while non-compliance may lead to an unimaginable consequence.

In the run-up to the Eid holiday, Mr. Prime Minister extended his congratulations on the occasion, and the Council announced that the days of Eid Al-Fitr holiday will be set, starting from next Sunday to Thursday to be throughout the next week, and with the imposition of a comprehensive curfew.

In the area of tackling unemployment and the employment of the unemployed, the Prime Minister pointed out the importance of foreign companies and the private sector working to attract youth energies, train them and acquire the necessary skills, and in addition to that, the Ministry of Labor and Social Affairs will tighten its procedures regarding foreign employment in all respects and its implications.

The Cabinet discussed issues prepared for its agenda, foremost of which is the problem of housing, the completion of deficiencies and services, and the main road to the Bismayah Residential Complex, where the head of the Investment Authority was hosted by Mr. Salar Mohamed Amin's agency, and problems, proposals and recommendations for this project were discussed and appropriate solutions were found,
He directed the Council of Ministers to solve the problem of the main road linking the complex in Bismayah and the city of Baghdad and financing it through investment.

The Council of Ministers discussed the procedures of the Ministries of Education regarding the current academic year and exam centers for the various academic levels and in accordance with health conditions and controls,
The Prime Minister urged the Ministry of Education to take appropriate decisions for students, their families and their economic circumstance, including adopting the results of mid-year exams, and not to waste a school year for students and students.

The Cabinet also discussed the preparations and needs of the Ministry of Water Resources for the purpose of providing the necessary water shares for the agricultural plan.

Media office of the Prime Minister
May 19-2020

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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

Other: We will not provide candidates for vacant ministries
20/5/2020 13:36
[Baghdad-where]

The Sawaron Parliamentary Bloc affirmed that no candidate would be presented to the seven vacant ministries.
The bloc's deputy, Jawad al-Moussawi, said in a press statement, "The Bloc of Walkers authorized the Prime Minister to choose independent personalities for the vacant ministries."

And that "the Block of Walkers will not provide a candidate for vacant ministries in the Al-Kazemi government."
Parliament gave confidence to members of the Al-Kazemi government to ministers (Defense, Juma Anad, Interior Othman al-Ghanmi, Finance Ali Abdel Amir Allawi, Planning Khaled Najm, Construction and Housing Nazalin Muhammad, Health Hassan Muhammad Abbas, Electricity Majid Mahdi Ali, Education Nabil Kazem Abdel-Sahib, Transportation Nasser Hussein Bandar, youth and sports, Adnan Darjal, industry Manhal Aziz and communications, Arkan Shihab, Adel Hashush, Minister of Labor, Mahdi Rashid Jassem, Minister of Water Resources, and Hamid Mekhlef, Minister of Education.

Five ministries remained that were not voted on by the members of the House of Representatives (trade, agriculture, immigration, the displaced, justice and culture), while voting on the candidates for the foreign and oil ministries was postponed.

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ARTICLE 4

Issuance of a recruitment order against the former Minister of Industry and Minerals
20/5/2020 13:17
[Baghdad-where]

The Federal Integrity Commission announced that a recruitment order had been issued against the former Minister of Industry and Minerals, stating that the recruitment order had come; According to the provisions of Article (329) of the Penal Code.
The investigation department of the commission, while talking about the details of the case, indicated, according to a statement received [where] a copy of it, that "the Rusafa Investigation Court, which is concerned with integrity issues, has issued an recruitment order against the former Minister of Industry and Minerals against the background of violations in the ministry regarding the issuance of ministerial orders to transfer Exempting and rotating general managers in violation of Cabinet Resolution No. (71 of 2011). ”

She continued, "The ministry has refrained from implementing what was stated in the General Secretariat of the Cabinet issued on 25/7/2019, which requires the abolition of all exemption, assignment and recycling decisions for general managers and those with special grades."

It is noteworthy that the commission "had announced, in late April, the issuance of seventy arrest and recruitment orders against high -level and private accused persons, including deputies, ministers, governors, members of provincial councils, general managers and a deputy minister, based on cases investigated by the commission and referred to the judiciary."

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ARTICLE 5

Deputy: The political blocs are serious about isolating Halbousi
20/5/2020 18:12
[Baghdad-where]

On Wednesday, independent MP Bassem Khashan considered that the members of the Parliament collected parliamentary signatures to dismiss Parliament Speaker Muhammad Al-Halbousi as a serious step, while he stated that Al-Halbousi died politically after the withdrawal of his alliance from his support.

Khazal said in a statement, "Most of the political blocs in the parliament are not convinced of the performance of Al-Halbousi, including the Sunni forces as well."

He added that "all the parliamentary signatures to isolate Al-Halbousi and the adoption of the Alliance of Other Walkers, therefore, is a step towards changing it during the current legislative term," noting that "Al-Halbousi died politically and lost most of the parties after his intervention in forming the government."

The leader of the Alliance of Representatives, MP Jawad al-Moussawi, revealed, in a statement to "Information", today, Wednesday, the collection of signatures of more than 130 deputies who want to remove the Speaker of Parliament, Muhammad Al-Halbousi from his post.

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ARTICLE 6

A struggle in America over a rare manuscript of Gilgamesh stolen from Iraq
20/5/2020 21:55 • 11 times read
Where's the news

American prosecutors are trying to confiscate a very rare masterpiece from an American museum founded by the head of the retailer "Hobby Lobby" after the museum director claimed there were thousands of untrusted artifacts from the source.

American prosecutors are seeking to confiscate a very rare artifact from a museum after the agency that bought the masterpiece worked to withhold information about its source.
The rare masterpiece carries a text from the epic of Gilgamesh, one of the oldest literary works in the world, which was engraved more than 3,500 years ago.

According to "BBC", the origin of this masterpiece is from Iraq, but the curators of the museum claimed that the auction house from which the masterpiece was purchased "withheld information about the origin of the masterpiece."
The masterpiece was sold at a private auction in 2014 for $ 1.67 million for display at the Bible Museum in Washington.

According to the US attorney's office responsible for the lawsuit in New York, this masterpiece was illegally imported into the United States.

The lawyer did not mention who carried out the public features in their public statement, but last Tuesday, "Lobby House", responsible for managing the museum, filed a lawsuit against "Christie" company about the masterpiece.

In turn, "Christie" announced in a statement, that the lawsuit related to the existence of illegal behavior, precedes the involvement of Christie, that is, before her acquisition of the masterpiece.
She said: "Any hint that Christie was aware of the original fraud or illegal import is baseless."

The piece, known as "Gilgamesh Dream Disk" and is part of a Sumerian poem, is known for an epic story from the Old Testament, such as the Garden of Eden.
According to a civil lawsuit filed by the US Attorney General, last Monday, the tablet was originally purchased by an antique dealer in 2003 in London.

In 2007, the merchant sold her to another buyer for $ 50,000 with a false document that he claimed was obtained from an auction in the United States in 1981, for sale in 2014.

Prosecutors said that after three years, when the curator asked for clarification about the origins of the masterpiece, the auction house was alleged to have withheld information about its origins, including the fake letter that was likely to "not stand up to scrutiny," according to the newspaper.

The Iraqi Ministry of Antiquities told the American Broadcasting Corporation "NPR" that it was working to find out whether the masterpiece was among the thousands of objects stolen from Iraqi museums in 1991.
Nine of the thirteen Iraqi museums were plundered in that year when the Iraqi army lost control of some areas during the war that followed the invasion of Kuwait.
The civil suit comes after the "Hobby Lobby" company was fined millions of dollars and was forced to hand over thousands of ancient artefacts smuggled from Iraq that they bought to the Bible Museum.

Last March, the museum’s board chairman, Steve Green, revealed that there were about 5,000 other papyrus and 6,500 pieces of clay in his collection that were not trusted by the source, and said the artifacts would be returned to Egypt and Iraq.

The museums of the Middle East, especially the antiquities in Iraq and Syria, were exposed to looting, organized theft and destruction, especially when the terrorist group ISIS took control of large areas of the country, which led to the loss of many features of the rich cultural heritage that these areas enjoy.

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