WOTS MON AUG 3 2020
The Markets:
The Asian markets closed mixed NIK up 2.24% HSI down by .56% SHANG up 1.75%
The UK markets are trading in the green from .04% to 1.32%
Our futures are mixed DOW at 26294 down by .09% SNP at 3264 green at .04% NDX at 10946 up by .51%
Precious Metals:
Gold is red at 1972 Silver green at 24.45 Copper is green at 287 Platinum is green at 909
Brent 43 WTi 39
Favorite Currencies Forex Quotes
| Symbol | Bid | Ask | High | Low | Open | Change | Time |
|---|---|---|---|---|---|---|---|
| USD/IQD |  0.0000 | 0.0000 | 1193.3000 | 1190.7000 | 1190.7000 |  1.6000 | 00:00 |
| USD/VND | 23170.0000 | 23185.0000 | 23170.0500 | 23167.4900 | 23167.4900 | 3.0700 | 04:49 |
| USD/CNY | 6.9817 | 6.9837 | 6.9827 | 6.9713 | 6.9741 | 0.0077 | 04:56 |
| USD/KWD |  0.3054 | 0.3064 | 0.3053 | 0.3053 | 0.3053 | 0.0000 | 04:42 |
| GBP/USD | 1.3043 | 1.3044 | 1.3112 | 1.3037 | 1.3078 | -0.0041 | 04:59 |
| USD/IRR | 0.0000 | 0.0000 | 43011.9000 | 43011.9000 | 43011.9000 | -43.1000 | 00:00 |
| USD/IDR | 14711.0000 | 14717.0000 | 14721.0000 | 14574.0000 | 14630.0000 | 16.0000 | 04:58 |
Things in the News:
Hear What Was Once Impossible? Musk's Mysterious Brain Chip...
SPACEX SPLASHDOWN
Retail rents plummet across New York City, as glitzy shopping districts turn into ghost towns
SPACEX SPLASHDOWN
Retail rents plummet across New York City, as glitzy shopping districts turn into ghost towns
Iraqi Articles:
Iraq is the sixth Arab in foreign currency reserves
Iraq has hard currency reserves of 48 billion US dollars, according to the Global GFP Ranking Corporation, which indicated that China ranked first with most of the world's reserves.
The Foundation said, according to its latest classification, that "Iraq's reserves of hard currency, including foreign exchange and gold, amounted to 48 billion and 880 million dollars," indicating that "Iraq ranked 40th with the most reserves among the 138 statistically listed countries."
She added that "Iraq ranked sixth in the Arab world after each of Saudi Arabia, whose reserves amounted to 496 billion and 400 million dollars, followed by second place Algeria with 97 billion and 890 million dollars, followed by the third place the United Arab Emirates with reserves of 95 billion and 370 million dollars, followed by fourth in Libya with reserves of 74 billion and 710 million dollars, and then Lebanon comes in fifth place with reserves of 55 billion and 420 million dollars. ”
She pointed out that "China ranked first with the largest reserves in the world in hard currency, with reserves of 3 trillion and 236 billion dollars, followed by second in Japan with reserves of one trillion and 264 billion dollars."
It is noteworthy that the Central Bank of Iraq announced in April 2019 the increase in Iraq's foreign exchange reserves to 62 billion dollars
The Foundation said, according to its latest classification, that "Iraq's reserves of hard currency, including foreign exchange and gold, amounted to 48 billion and 880 million dollars," indicating that "Iraq ranked 40th with the most reserves among the 138 statistically listed countries."
She added that "Iraq ranked sixth in the Arab world after each of Saudi Arabia, whose reserves amounted to 496 billion and 400 million dollars, followed by second place Algeria with 97 billion and 890 million dollars, followed by the third place the United Arab Emirates with reserves of 95 billion and 370 million dollars, followed by fourth in Libya with reserves of 74 billion and 710 million dollars, and then Lebanon comes in fifth place with reserves of 55 billion and 420 million dollars. ”
She pointed out that "China ranked first with the largest reserves in the world in hard currency, with reserves of 3 trillion and 236 billion dollars, followed by second in Japan with reserves of one trillion and 264 billion dollars."
It is noteworthy that the Central Bank of Iraq announced in April 2019 the increase in Iraq's foreign exchange reserves to 62 billion dollars
Democrat: The Baghdad government did not care about Article 140 from 2005 until today
link
On Monday, Kurdistan Democratic Party member Imad Bajlan affirmed that the implementation of Article 140 of the constitution is no less important than the federal government's steps to fight corruption and reform, while noting that the Baghdad government did not care about the article since 2005 until today.
Baghlan said in an interview with Alsumaria News, "A province Kurdistan Ready to understand and solve problems with Baghdad According to the constitution and constitutional frameworks for a long time and not now, "noting that" there is a need for international supervision of the implementation of Article 140 of the Constitution relating to the disputed territories. "
Baglan added, "The successive governments are in Baghdad It was not ready to launch it to find a solution to the issue of the disputed territories, and today also we find the government preoccupied with other matters, and does not focus on the implementation of Article 140 despite its importance and being comparable to the importance of any step taken by the government in fighting corruption and reform, "noting that" the disputed areas were denied Many things, such as services, appointments, and other things, let alone cells ISIS Which is active from time to time, not to mention that its residents tasted the two things from the state of neglect to their conditions. "
Baglan stressed that "my government Baghdad And Erbil, act quickly to resolve Article 140 and monitor and oversee who United nationsUnfortunately, it is a government Baghdad I didn't care about this material since 2005 until today. "
Oil falls to nearly $40 as OPEC begins to ease production cuts
Oil prices fell sunday near $40 a barrel in New York as OPEC and allied producers began supplying more crude oil to the global market as many countries struggle to contain the coronavirus.
OPEC+ is set to pump about 1.5 million barrels more this month than in July as it begins to lift historical hiv-driven production restrictions, with Russia already raising its production visually last month, the increase in supply comes as hiv infections in California accelerate, the embargo is reimposed in Manila, and Australia's second largest city has imposed a curfew to stop the spread of the disease.
Oil rebounded from a fall below zero in April, but the rise stopped near $40 a barrel as casualties increased, raising concerns about continued recovery in consumption.
West Texas Intermediate (WTI) fell 0.20% to $40.07 a barrel on the New York Mercantile Exchange as of 5:00 a.m. GMT
Brent crude for October settling fell 0.13% to $43.39 a barrel on the European Futures Exchange after adding 0.6% on Friday.
Major oil companies Royal Dutch Shell Plc and Exxon Mobil Corp. predicted that there may not be a full recovery in demand until next year.
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.
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.
here.
The currency auction total sales amount $ . Friday
including $ in cash Friday
ISX Update:
Iraq Stock Exchange suspends operations for 12 days
Iraq Stock Exchange suspends operations for 12 days
The Iraqi Stock Exchange announced on Monday that it was suspending its activities for 12 days on the occasion of eid al-Adha and a curfew.
"In compliance with the announced official holiday timings in Iraq, the market administration has decided not to hold trading sessions for the days of July 29 and for 12 days to coincide with the Eid al-Adha holiday," the market said in a statement to The Twilight News.
including $ in cash Friday
ISX Update:
Iraq Stock Exchange suspends operations for 12 days
Iraq Stock Exchange suspends operations for 12 days
The Iraqi Stock Exchange announced on Monday that it was suspending its activities for 12 days on the occasion of eid al-Adha and a curfew.
"In compliance with the announced official holiday timings in Iraq, the market administration has decided not to hold trading sessions for the days of July 29 and for 12 days to coincide with the Eid al-Adha holiday," the market said in a statement to The Twilight News.
8-3-2020 Newshound Guru Pimpy I'm feeling really good that something is going to happen this summer. No, I don't have anything to prove that. I'm just saying I'm feeling really good based on what I'm seeing.
8-2-2020 Newshound Guru MilitiaMan ...The revival of the state will rely on the country having sovereignty and prestige. Both require law and order and both relate to a countries currency. They'll need to adjust their rate at some point and the pressure to do so has to be immense now. ...The laundry list of ways they can support the new currency is surely well studied now and as Nassiri has written to the PM, pointing out the road map to get where they need to be. It now looks as though the PM has full intent on following it... imo A Good thing. So lets see if the investors will accept the new platform they mentioned for the ISX this next weekend... I am sure many eyes are watching. [post 2 of 2]
8-2-2020 Newshound Guru MilitiaMan Article: "Al-Kazemi: We have worked tirelessly to prepare a comprehensive reform paper to revive the Iraqi economy and activate the industrial and agricultural sectors" The white papers will or does hold the plan and at what rate (prestige) that plan will use to stimulate the social market economy, as they now have control or full sovereignty. ...We see large USA and Foreign firms going into Iraq now and will continue; i.e., Shell, Total, Siemens, etc.. The large firms of the world would now have had the need to know key items within those white papers. Hence, there has been noted to be large sums of money movement of late. Just as we were shown there would be. [post 1 of 2....stay tuned]
8-2-2020 Newshound Guru Pimpy Article: "48 Billion dollars...a global site that reveals Iraq's reserves of hard currency" Quote "...This institution said according to the latest classification...that Iraq's reserves of hard currency, including foreign exchange and gold, reached 48 billion and 80 million dollars noting that Iraq ranked 40th with the most reserves among the 138 statistically listed countries." ...not too bad...that's like a little bit better than the middle of the pack...that's good to know. The more the better...
8-2-2020 Newshound/Intel Guru RVAlready Hoping for 800 numbers by Wednesday...this could actually be the week!
8-2-2020 Newshound Guru MilitiaMan ...The revival of the state will rely on the country having sovereignty and prestige. Both require law and order and both relate to a countries currency. They'll need to adjust their rate at some point and the pressure to do so has to be immense now. ...The laundry list of ways they can support the new currency is surely well studied now and as Nassiri has written to the PM, pointing out the road map to get where they need to be. It now looks as though the PM has full intent on following it... imo A Good thing. So lets see if the investors will accept the new platform they mentioned for the ISX this next weekend... I am sure many eyes are watching. [post 2 of 2]
8-2-2020 Newshound Guru MilitiaMan Article: "Al-Kazemi: We have worked tirelessly to prepare a comprehensive reform paper to revive the Iraqi economy and activate the industrial and agricultural sectors" The white papers will or does hold the plan and at what rate (prestige) that plan will use to stimulate the social market economy, as they now have control or full sovereignty. ...We see large USA and Foreign firms going into Iraq now and will continue; i.e., Shell, Total, Siemens, etc.. The large firms of the world would now have had the need to know key items within those white papers. Hence, there has been noted to be large sums of money movement of late. Just as we were shown there would be. [post 1 of 2....stay tuned]
8-2-2020 Newshound Guru Pimpy Article: "48 Billion dollars...a global site that reveals Iraq's reserves of hard currency" Quote "...This institution said according to the latest classification...that Iraq's reserves of hard currency, including foreign exchange and gold, reached 48 billion and 80 million dollars noting that Iraq ranked 40th with the most reserves among the 138 statistically listed countries." ...not too bad...that's like a little bit better than the middle of the pack...that's good to know. The more the better...
8-2-2020 Newshound/Intel Guru RVAlready Hoping for 800 numbers by Wednesday...this could actually be the week!
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 exchanged congratulations on Eid al-Adha with Turkish President Recep Tayyip Erdogan
The Prime Minister, Mr. Mustafa Al-Kazemi, exchanged congratulations on the occasion of Eid Al-Adha with the Turkish President, Recep Tayyip Erdogan.
During his phone call, His Excellency expressed his sincere wishes for the Turkish people for their continued stability and progress.
The two sides also discussed the overall bilateral relations between the Turkish and Iraqi peoples, and ways to enhance them and strengthen ties of good neighborliness and cooperation in various fields.
The two sides touched on common files that would take into account the interests of the two neighboring peoples and the security and stability of the region.
For his part, President Erdogan expressed his best wishes for the Iraqi government and people, and that the coming stage will witness the overcoming of obstacles and challenges facing the Iraqi people.
Media office of the Prime Minister
1-August-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 on the Government of Iraq twitter account.
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ARTICLE 3
The Council of Ministers: the working hours mechanism after the Eid holiday, to be determined by the Supreme Committee
1/8/2020 17:47
Ayna News - Baghdad
The General Secretariat of the Council of Ministers confirmed today, Saturday, that the working hours mechanism after the Eid holiday is determined by the Higher Committee for Health and Safety.
A spokesman for the General Secretariat of the Council of Ministers Haider Majeed said in a statement seen by "Ayna News" that "the mechanism of work after the blessed Eid Al-Adha holiday is determined by the Supreme Committee for Health and National Safety."
Majeed added, "This mechanism is subject to the recommendations of the Ministry of Health, according to the epidemiological situation."
The Supreme Committee for Health and National Safety had decided, earlier, to impose a comprehensive curfew on the days of Eid Al-Adha, from Thursday 7/30 to Sunday 8/9 and the ban will be reviewed after the Eid holiday.
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ARTICLE 4
Election Commission issues a statement on early elections
1/8/2020 17:32
Ayna News - Baghdad
The Independent High Electoral Commission announced its willingness to hold the elections on the date specified by Prime Minister Mustafa Al-Kazemi, announcing the conditions that must be met.
The Commission added that: "Out of our responsibility before the Iraqi people and its sacrifices, which created this new political atmosphere in the country for free, fair and transparent elections, and under the supervision of the United Nations, international organizations, international observers and relevant Iraqi organizations, the Independent High Electoral Commission announces that it will be ready to hold elections on time What was determined by the Prime Minister in the event that the following conditions are met:
First: The Parliament should complete the election law as soon as possible and publish it in the Official Gazette as it represents the legal framework for the election process.
Second: The Parliament should legislate an alternative text for Article 3 of Ordinance No. 30 for the year 2005 to complete the quorum of the Federal Supreme Court, which is the only body legally empowered to endorse the election results.
Third: The government shall prepare the electoral budget and provide the requirements that the commission has previously requested from the relevant ministries and whose presence helps the commission to conduct the elections at the specified time.
In this regard, the Commission requests the Prime Minister to allocate a special session to the Council of Ministers to discuss solving problems that hinder the work of the Commission related to the aforementioned ministries and to issue the necessary decisions to solve them.
Fourth: The Commission calls on the United Nations and other relevant international organizations to provide electoral assistance, and provides the necessary oversight to achieve free, transparent and fair elections that represent the true will of the Iraqi people.
She continued: "The Independent High Electoral Commission announces its full commitment, after implementing the above, to work to fulfill its constitutional mission with sincerity and dedication.
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ARTICLE 5
Mulla Talal reveals steps after setting the date for early elections
1/8/2020 17:39
Ayna News - Baghdad
Ahmad al-Mullah Talal, spokesman for the prime minister, Mustafa al-Kazimi, Saturday, revealed steps after setting the date for the early elections.
Talal said in a tweet, via "Twitter": "In response to the basic demand of people in holding early elections, in fulfillment of the blood of the martyrs of Iraq, and in commitment to the government curriculum, the government fulfilled the promise and set the date for early elections."
He added, "The government will work with great care and responsibility to create an appropriate electoral environment for free and fair elections, giving everyone equal opportunities in fair competition."
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