Friday, August 14, 2020

WOTS FRI 14 2020

WOTS FRI 14 2020


On Friday, specialists determined the exchange rate of the dollar in the Iraqi market, as well as the prices of gold and oil.
Prices in local exchange, which exceeded the official price by about 500 dinars, as the exchange rate in the central bank is 1,193.50 dinars.  
Exchange office prices: the dollar selling price: 124,000,
the dollar buying price: 123,000  


The Markets:
DOW at 27747 down by .27%  SNP at 3365 down by .08%  NDX at 11200 up by .22%
The UK markets are currently trading in the red  from .90% to 1.70%
The Asian markets closed mixed  NIK up by .17%  HSI down by .19%  SHANG up by 1.19%

Precious Metals:
Gold is red at 1947   Silver is red at 26.81   Copper is green at 286  Platinum is red at 947
Brent is 44 WTi 42

Announcement on  Travelex.com
This is on the front page on travelex.com: UPDATE "Due to the impact of the COVID-19 global pandemic, Travelex has made the difficult decision to close our online and retail operations and cease trading in the United States and Canada. These are unprecedented times and despite our efforts to preserve the business, the existing and anticipated future impact of COVID-19 has proven too challenging."  We thank all our customers and partners for their support. We will look to minimize disruption to our customers and partners to the extent that we can during this difficult period. We also thank our Travelex colleagues for their unwavering commitment and service.
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Please take care and stay healthy.

Favorite Currencies Forex Quotes

SymbolBidAskHighLowOpenChangeTime
 USD/IQD  1168.1000  1218.9000 1192.4000 1192.4000 1192.4000  0.9000 06:02
 USD/VND  22830.3400  23507.6000 23157.8000 23144.7800 23148.1600  -1.3100 06:02
 USD/CNY  6.9489  6.9511 6.9527 6.9405 6.9434  0.0048 06:40
 USD/KWD  0.3053  0.3063 0.3058 0.3054 0.3055  0.0003 06:18
 GBP/USD  1.3105  1.3106 1.3113 1.3048 1.3066  0.0038 07:00
 USD/IRR  42000.0000  42210.0000 43011.9000 43011.9000 43011.9000  -43.1000 04:44
 USD/IDR  14905.0000  14906.0000 14915.0000 14673.0000 14840.0000  67.0000 07:00

Things in the News:
Teachers must sign liability waivers...
Connecticut fining $3,000 for breaking quarantine...
Gym owner charged criminally fights back...
Mystery Masks from China Arriving at Florida Addresses...


Iraqi Articles:

Cell: An explosion targets a convoy of companies contracting with the International Coalition Forces in southern Iraq

On Friday, the Security Media Cell announced that an explosive device had exploded on a convoy of the International Coalition Forces.  
A statement received by "People", a copy of it (August 14, 2020), stated that "an explosive device exploded on one of the wheels of a convoy of companies contracting with the International Coalition Forces, near the Diwaniyah Bridge in the highway, without causing significant damage." 

Three Katyusha rockets fell into Iraq’s Balad air base

Iraq’s Security Media Cell announced on Thursday three Katyusha rockets had fallen into Iraq’s Balad air base, 80 km (50 miles) north of the capital Baghdad, which houses U.S. forces but caused no casualties or losses.
A number of rocket and mortar attacks have hit bases hosting coalition forces and landed near the U.S. embassy in Baghdad in recent months. The United States blames Iran-backed militia groups.

Parliamentary Finance: The budget for 2020 does not exist, and the government started with the budget for next year

The Parliamentary Finance Committee announced, on Thursday, that the government has begun preparing the 2021 budget, and while it indicated that there is no budget for 2020, it confirmed that an upcoming meeting will bring it together with the Minister of Finance to agree on a date to present it to the Council.
A member of the Finance Committee, Sherwan Mirza, told / Al-Maalouma / that "there is no looming 2020 budget on the horizon in the near term yet."
He added, "The government has begun preparing the 2021 budget and preparing it in preparation for approval by the Council of Ministers, and then sending it to the House of Representatives for passage."
Mirza explained that "the committee is in the process of an expected date that he collects with the Minister of Finance to see the most prominent contents of the 2021 budget, the steps for preparing it, the doors of its disbursement, and the time that the government can complete and send to Parliament."

Deputy: Parliament will hold a session next week to discuss four "important and urgent" files

Representative Nada Shaker Jawdat announced today, Friday, that Parliament will hold a session next week, for the purpose of discussing four "important and urgent" files.
Jawdat said, "The House of Representatives will hold its session next week to discuss four important and urgent files, the first of which is the issue of the recent serious Turkish attacks on Iraq, and the discussion of the economic reform paper file, which Prime Minister Mustafa Al-Kazemi is supposed to present, after Parliament approved internal and external borrowing." .
She explained, "The third file is the completion of voting on the election law," noting that "approximately 90 percent of the election law has been resolved, and the remainder is only related to electoral districts, especially since disputes are still going on."
Jawdat added that "the fourth file is to amend the Federal Court Law, for the purpose of re-activating the court's work. It is now suspended due to the lack of a quorum in it."

This is coming from The Iraqi Oil Report...

Public spat hampers border-focused Baghdad-Erbil budget deal

The federal and Kurdistan regional governments are exchanging public recriminations over finances, despite optimism in some quarters about a deal that pushes aside perennial oil disputes.


Thousands of citizens are demonstrating in Sulaymaniyah to demand the payment of their salaries and the resignation of the Kurdistan government

   not graphic  


CBI, ISX,Dinar Guru:

CBI Update:  Just  a note:
They have been having auctions and the ISX has been trading regularly the sites just don't update in time to put the information in this report, unless it is
here.   
Click on the link above for the latest update.

The CBI for rate is 1190.

The currency auction total sales amount $ 0 .   Friday it's closed

  including   $ 0 in cash 

ISX Update:   
Shares Traded: not updated for today it's Friday
Value Traded: not updated for today 

https://www.dinarguru.com/

8-13-2020   Newshound Guru Kaperoni   ...The first thing a lop does that benefits Iraq is it reduces the money supply from trillions to billions. Which is a must. The second thing it does is by deleting the zeros it puts the currency on par with other currencies. And lastly once this is done the dinar could go up in value, but it would not significantly increase its value X1000 like most are wishing for. It would increase minimally. Not what we want to see if they chose this path. So yes, a LOP does benefit Iraq.

8-13-2020   Newshound Guru Pimpy  
Kurdistan and Baghdad going back and forth over something I'm sure can get resolved really quick.  We got about one week away from Al-Kazemi getting here.  Let's keep our fingers crossed that all the things that need to be done will be completed before he gets here so we could just move forward with the reinstatement of their sovereignty and the restrictions moved off of their currency...

8-13-2020   Newshound Guru Breitling   You don't know what Iraq is doing and you don't know how they are motivated if you don't know that they're trying to get their currency up in value so they can take advantage of the Swiss System and be part of the global trade system.  Remember the Untied States is a trade empire...Iraq is trying to comply.  That's how you measure this thing correctly...Iraq is doing everything they can right now through parliament and their laws to get attached to the U.S. dollar...they want to be part of the west.  They want to be part of our market.  And that's what they're doing.

8-13-2020   Newshound Guru Jeff  ...we will not see a rate change until Kurdistan and Baghdad resolve their difference and reach that comprehensive agreement.  It's that simple.  That's really the #1 thing that you guys have seen since the beginning of this year...all the articles coming out have been talking about Kurdistan and Baghdad reaching a comprehensive agreement.  IMO they will not reach an agreement until September.  You guys know September is red hot...Iraq only has money to cover them through August...they just told you they are not going to be borrowing anymore money.  

8-13-2020   Intel Guru Frank26  In my strong opinion I still strongly believe that Kazimi will make some type of an announcement about their currency, their monetary reform before he comes to the United States of America.  And I really feel that because... What is the best way to walk into the White House front lawn rose garden?  Smelling like a rose.  So Kazimi would you smell like a rose if you make an announcement about your monetary reform that affects your economic reform that everybody is waiting to come into your county to do economic reform through the contracts?  Sure it would...

8-13-2020   Newshound Guru Adam Montana   OIL...45.21 dollars per barrel... happy news for Iraq, and this does nothing but bolster their confidence...We know it's going to go back to former levels seen this year. We can be fairly certain this current low rate won't stick around...and of course I'm talking about both OIL and also Dinar. As much as I state that the Auctions aren't an indicator of an RV, the continued solid auctions just prove that Iraq is a well oiled (haha) machine.  One of the biggest events on the calendar is our boy Kazzamie coming to America. ...I love the progress. I want to see some HCL news, but it's very possible that they are lining a few things up before it goes through.  When we have HCL, I believe we will get our RV...It's coming! ...go HCL, go Kazzammie,  GO RV!!!

8-13-2020   Guest Guru Austin-Powers-For-PM   Think about this for a minute. There have been lots of LOP's over the years. How does a country behave before a LOP? They spell it out in a VERY crystal-clear fashion for the population. They tell them in a totally unmistakable way that their large note will be the same value as the smaller note, and that the large note has a very short life span in the marketplace before they become worthless. Has Iraq in any way, shape, or form indicated any of this to their population? NO!!  As a matter of fact, they have been very coy in how they are treating the "removing the 3 zeros" and have stated very clearly that the large notes will CO-EXIST with the lower denominations. I can't see from Iraq's behavior how this could be a LOP.

8-13-2020   Newshound Guru Breitling  It's not just adding value to their currency.  It's they want to add value to their currency and make sure they can use the damn thing.  So can they take that currency and put it into the Swiss system and convert it to the U.S. dollar.  That's it.  That's what they're hashing out...if you believe this hype, this garbage - the U.S. dollar is about to fall, that there's something wrong with it...You're stupid and blind...the dollar is the most valuable currency on the plant.  Meaning 72% of the world's international markets use the U.S. dollar.  The Fed was the one who managed to get it there...it's the most powerful currency on the planet that's ever existed...if you don't know what that means, that means you've never gone to another country and done business before because you'll realize the power of the U.S. dollar...so if you want to be part of the west's system, the United States system how do you do that?  You have to convert to the U.S. dollar...That's what Iraq is doing...

8-13-2020   Newshound Guru MilitiaMan   ...I am sure the event we await is looking to be in motion more and more each day...there are so many indicators that point to it. Iraq has to the best of my knowledge notified the BIS they are to raise the value of their currency, imo...The BIS has in return, also with the same sentiment have notified other banks of that action and we learned that by PINGs noticed around the world recently...Those pings are reactionary and necessary...  

8-13-2020   Intel Guru Bruce   [via WiserNow]   ...Iraq has definitely revalued the currency – I know what the rate is - IN COUNTRY – that means in that country of Iraq – and it’s between $8.50 and $9.00 – I’ll just tell you that –  That doesn’t meant that is what we’re going to get here by the way – Our rate could be significantly higher – In fact – yesterday – when the ISX came on for the first part of the week  - our week – Monday – they - that’s the Iraq Stock Exchange -  they were trading but they shut it down after the first half hour of trading...The reason they did that was because during that time the Iraqi Dinar was also trading and going too high...they did not want the value of the dinar to exceed what their expectations were for it – my understanding was in that half hour of time the market was open the Dinar increased 50% in value...So – I don’t know exactly where that puts us – I know roughly what I’ve heard – where we should be – but all I can say is regarding Dinar and Dong – specifically - I think you have absolutely nothing to worry about and it wouldn’t surprise me if both of those could be in double figures – now that would be a front screen look...  
Catnip's Corner:
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ARTICLE 1 (from PM Kadhimi's website; posted only on Arabic side, not on English side)

Prime Minister Mustafa Al-Kazemi meets with members of the Elections Commission in the presence of a number of ministers and security leaders

The Prime Minister, Mr. Mustafa Al-Kazemi, held a meeting today, Thursday, with the Chairman and members of the Council of the Independent High Electoral Commission, in the presence of a number of ministers and security leaders, to discuss the technical preparations for holding early elections as scheduled, on the sixth of June of next year.

Mr. Al-Kazemi affirmed that the current government is determined to hold the elections on the date it has approved, based on the fact that it is a public demand and is consistent with the directives of the rational authority and the desire of the political forces, in addition to being one of the priorities of the government program, and it is committed to it.

He urged the Election Commission to intensify its efforts to complete its preparations for the elections, stressing that the government would work with all its capabilities to hold the elections on schedule.

Mr. Al-Kazemi directed all ministries and departments to overcome obstacles and facilitate the necessary procedures before the Independent High Commission, to work with all means to hold the elections on time.
Media Office of the Prime Minister
13-Aug-2020

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ARTICLE 2 (from Government of Iraq twitter account)

Iraq's National Security Council: Iraq is committed to a policy of good neighbourliness and non-interference in the internal affairs of others, and will not permit its territories to be used to launch acts of aggression against neighbouring countries.
Iraq’s National Security Council: Iraq will exercise all means at its disposal to defend its security and protect Iraqi citizens, including mobilising the support of Arab countries and of the international community to condemn and reject this act of aggression.
Iraq’s National Security Council: Turkey’s aggression is a violation of the norms governing relations between countries, the principles of good neighbourliness and poses a great threat to Iraq’s national security and to the stability of the region.
Commander-in-Chief PM @MAKadhimi chairs a meeting of the National Security Council to discuss security developments in Iraq. The Council strongly condemned Turkey’s aggression against Iraqi territories and the targeting of Iraqi military officers.
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ARTICLE  3

Al-Kazemi directs ministries and state departments to conduct early elections on time

08/13/2020 16:01 • 
[Baghdad-Where]

Prime Minister Mustafa Al-Kazemi held a meeting today, Thursday, with the Chairman and members of the Council of the Independent High Electoral Commission, in the presence of a number of ministers and security leaders, to discuss technical preparations for holding early elections as scheduled, on the sixth of June of next year .
Al-Kazemi said during Al-Sociali, "The current government is determined to hold the elections on the date it has approved, based on the fact that it is a popular demand, and is consistent with the directives of the rational authority and the desire of political forces, in addition to being one of the priorities of the government program, and it is committed to it."


The Prime Minister urged the Election Commission to intensify its efforts to complete its preparations for the elections, stressing that the government will work with all its capabilities to hold the elections on schedule.


Al-Kazemi directed all ministries and departments to overcome obstacles and facilitate the necessary procedures before the Independent High Commission, to work with all capabilities to hold elections on time.


The Iraqi Prime Minister, Mustafa Al-Kazemi, announced that the parliamentary elections will take place on June 6, 2021, pledging to provide international monitoring of the electoral process.


Al-Kazemi’s announcement of the election’s date was greeted with an international welcome and a pledge of support and work on its success. However, the positions of the political blocs are still vague and divided about the date and the mechanisms for holding the elections.

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ARTICLE 4

Reconstruction of Jesus Church and the Nineveh Pledge Building in Old Mosul

08/13/2020 13:20 • 
[Baghdad-Where]

The Nineveh governorate began rebuilding the destroyed churches in Old Mosul within the third phase of the reconstruction plan, while service, educational and health projects were completed throughout Fayda sub- district.
The governor of Nineveh Najm al-Jubouri said, "The engineering and technical effort in the municipality and municipalities of Mosul began jointly constructing the Church of" Jesus "and the building of the" Nineveh Pledge "after their destruction by ISIS gangs, noting the removal of rubble from them and in cooperation with a company in the old city of Mosul. He pointed out that "the reconstruction funds have been allocated from the reconstruction fund for the affected areas, with a completion period of up to eight months for the return of all displaced Christians to the right of Mosul."

On the same level, Deputy Governor of Nineveh for Administrative Affairs, Rifat His Highness, explained, "The local government in the governorate, in cooperation with the Municipalities Directorate and engineering companies participating in the reconstruction of the infrastructure in Mosul and its environs, has begun to construct ten rudimentary projects in the Faida district of health, education, electricity, water and sewage, after most of them are out of service. During military operations. "
He added, "The Directorate of Roads and Bridges of Nineveh opened the main road linking the sub-district and the city of Mosul after its complete reconstruction, because of its great importance in linking Mosul to the sub-district and the Dohuk governorate, noting its resumption to limit alternative ways to enter and exit to the district."

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ARTICLE 5

For these reasons, it is necessary to wash meat before cooking it?

 4/8/2020 19:10 •
Where's News _ General


Are you one of the people who used to wash meat before cooking it? If you are, then you must change this habit.


Although washing some foods with soap and water is related to hygiene and health, this does not apply to meat and poultry.


The Higher Institute of Public Health at Alexandria University in Egypt said that “washing meat and poultry before cooking or even just rinsing them with water is considered a cause of the spread of many bacterial pathogens such as salmonella bacteria and others,” according to (Lebanon 24).


The institute pointed out that "the cooking process alone is sufficient to eliminate any bacteria present in the meat, provided that it is cooked at a temperature of at least 73".


In addition to not washing meat, the institute mentioned 3 basic tips that must be followed when dealing with raw meat, namely:


- You must start preparing food that will be served fresh and without cooking, such as salad for example, before handling raw meat or poultry. These foods must be kept away from the place where meat is prepared.


It is important to clean and disinfect any surface that may be contaminated by meat or poultry, in addition to cleaning surfaces and basins with hot, soapy water.


After handling raw meat, wash hands with soap and water for at least 20 seconds.

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