WOTS THURS AUG 6 2020
The prices of selling and buying dollars in exchange companies and offices are as follows: The selling price of one dollar is 1242.5 dinars, or 124 thousand and 250 dinars per hundred dollars. The purchase price of the dollar is 1232.5 dinars, or 123 thousand and 250 dinars per hundred dollars.
The World Gold Council announced that more than 35,000 tons of gold are held by the world, indicating that Iraq ranks 38th in the world with the largest gold reserves. The council said in a report, which was viewed by "Al-Zawra": "The world's possession of gold as reserves for these countries amounted to 35 thousand and 17 tons," noting that these reserves increased from 2019, which amounted to 34 thousand and 300 tons.
The US has imposed sanctions on a close business ally of Zimbabwe’s president Emmerson Mnangagwa who was until this year the partner of global commodity trader Trafigura in the African nation.
Trafigura, which has been a main lender to Zimbabwe by supplying fuel on credit, was in a joint venture with Sakunda until it cut ties this year in order to “bring improved clarity on Trafigura’s activities in the country”.
The Markets:
Asian markets closed mixed NIK down by .43% HSI down by .69% SHANG up by .26%
The UK markets are currently trading in the red from .10% to 1.30%
Our futures are currently trading green the DOW at 27116 up by .23% SNP at 3320 up by .12% NDX at 11100 up by .08%
Precious Metals:
Gold green at 2049 Silver is green at 27.84 Copper is red at 289 Platinum is green at 977
Brent 45 WTi 41/42
Favorite Currencies Forex Quotes
| Symbol | Bid | Ask | High | Low | Open | Change | Time |
|---|---|---|---|---|---|---|---|
| USD/IQD |  1164.0000 |  1214.5000 | 1191.0000 | 1191.0000 | 1191.0000 | -1.2000 | 04:32 |
| USD/VND | 23173.0000 | 23175.0000 | 23167.4600 | 23164.4900 | 23164.4900 | 3.7100 | 04:33 |
| USD/CNY |  6.9425 | 6.9445 | 6.9488 | 6.9346 | 6.9350 | 0.0075 | 04:56 |
| USD/KWD | 0.3050 | 0.3060 | 0.3054 | 0.3052 | 0.3054 | -0.0002 | 03:36 |
| GBP/USD | 1.3174 | 1.3175 | 1.3182 | 1.3111 | 1.3112 | 0.0061 | 04:57 |
| USD/IRR | 0.0000 | 0.0000 | 43011.9000 | 43011.9000 | 43011.9000 | -43.1000 | 00:00 |
| USD/IDR | 14607.0000 | 14608.0000 | 14611.0000 | 14299.0000 | 14496.0000 | 112.0000 | 04:55 |
Things in the News:
Robinhood Crowd Helps Hedge Fund Manager Gain 30% This Year
Jim Cramer says his 11-stock ‘Go’ list
Iraqi Articles:
Member of Parliamentary Finance Committee MP Ahmad Mazhar confirmed, Thursday, that the problem of paying salaries will appear at the beginning of next year 2021 again.
Al-Jubouri said in a statement to "Information", that "the salaries of state employees will be insured during the current year 2020 and there was no special problem with increasing oil prices and controlling a very small part of the revenues of ports, taxes and customs, which gave an incentive to monetary strength, but the debt will remain present between the state And internal and external banks. ”
Al-Jubouri added, "The salary problem will appear at the beginning of next year, stressing that the Iraqi situation is caused by accumulations after 2003, especially as the imbalance has destroyed the country's monetary policy, which is in urgent need of long-term plans and strategies." Iraq
suffered During the past months, there was a complex problem in securing the payment of the salaries of its employees, which prompted the government to borrow internally and externally to secure salaries.
Soon… Al-Kazemi is at the White House
Despite the outbreak of the Corona epidemic in the United States of America and the increasing controversy surrounding the holding of the American elections on time or postponed, this did not prevent the American White House from agreeing with the Presidency of the Council of Ministers of Iraq in determining the date of Mustafa Al-Kazemi’s visit to the United States of America and the meeting With US President Donald Trump, according to special information for the Links Center, it was decided to set the date for Al-Kazemi’s visit to the United States of America on 20 and 21 of this month.
Setting the date of the visit and not postponing it or canceling it means that Iraq receives great attention from the American administration, and that the security and stability of Iraq comes in the priorities of the United States of America, and this visit is proof that the United States of America does not view Iraq from the angle of the Katyusha missile phenomenon that will not Mustafa Al-Kazemi negligently dealt with it with determination and strength to show that Iraq is able to impose its sovereignty and prestige on everyone. This visit also indicates that Mustafa Al-Kazemi is welcomed and praised by the American administration.
Despite the challenges and difficulties facing Mustafa Al-Kazemi, his train is proceeding in a balanced way, and according to special information for the Links Center for Research and Strategic Studies, the upcoming meeting with Al-Kazemi with Trump will discuss common issues between the two countries, such as the Strategic Framework Agreement, the redeployment of American forces in Iraq, and the resolute response of ISIS The terrorist crisis, and the financial crisis in Iraq as a result of the global decline in oil prices.
In sum, setting the date for the visit is evidence that the United States is interested in providing all support to Iraq, and also evidence that the United States of America is dealing with Mustafa Al-Kazemi as a statesman who is trying very hard to save Iraq from the crises that befell it and return it to the political map as an influential and active country in Its Arab, regional and international environment. Al-Kazemi is able to do that with his leadership qualifications and national conscience. But he needs someone on his side internally and externally to make it happen.
Setting the date of the visit and not postponing it or canceling it means that Iraq receives great attention from the American administration, and that the security and stability of Iraq comes in the priorities of the United States of America, and this visit is proof that the United States of America does not view Iraq from the angle of the Katyusha missile phenomenon that will not Mustafa Al-Kazemi negligently dealt with it with determination and strength to show that Iraq is able to impose its sovereignty and prestige on everyone. This visit also indicates that Mustafa Al-Kazemi is welcomed and praised by the American administration.
Despite the challenges and difficulties facing Mustafa Al-Kazemi, his train is proceeding in a balanced way, and according to special information for the Links Center for Research and Strategic Studies, the upcoming meeting with Al-Kazemi with Trump will discuss common issues between the two countries, such as the Strategic Framework Agreement, the redeployment of American forces in Iraq, and the resolute response of ISIS The terrorist crisis, and the financial crisis in Iraq as a result of the global decline in oil prices.
In sum, setting the date for the visit is evidence that the United States is interested in providing all support to Iraq, and also evidence that the United States of America is dealing with Mustafa Al-Kazemi as a statesman who is trying very hard to save Iraq from the crises that befell it and return it to the political map as an influential and active country in Its Arab, regional and international environment. Al-Kazemi is able to do that with his leadership qualifications and national conscience. But he needs someone on his side internally and externally to make it happen.
The Iraqi Studies Unit
Member of Parliamentary Finance: The problem of salaries will continue through 2021
Member of Parliamentary Finance Committee MP Ahmad Mazhar confirmed, Thursday, that the problem of paying salaries will appear at the beginning of next year 2021 again.
Al-Jubouri said in a statement to "Information", that "the salaries of state employees will be insured during the current year 2020 and there was no special problem with increasing oil prices and controlling a very small part of the revenues of ports, taxes and customs, which gave an incentive to monetary strength, but the debt will remain present between the state And internal and external banks. ”
Al-Jubouri added, "The salary problem will appear at the beginning of next year, stressing that the Iraqi situation is caused by accumulations after 2003, especially as the imbalance has destroyed the country's monetary policy, which is in urgent need of long-term plans and strategies." Iraq
suffered During the past months, there was a complex problem in securing the payment of the salaries of its employees, which prompted the government to borrow internally and externally to secure salaries.
Iraq is in a "critical situation" ... 6 billion dollars to fulfill its obligations
A member of the Parliamentary Finance Committee revealed, on Thursday, that Iraq needs $ 6 billion to fulfill its domestic and international obligations, indicating that it is still going through the critical stage.
"Oil was sold at $ 21 and after subtracting the cost, we only get $ 10 of oil," MP Ahmed Hama Rashid told Noun news agency, stating that "after the current oil price increases, the government gets $ 3 billion a month, and in If the border crossings are controlled and managed well, one billion dollars can be obtained from these ports.
Rashid added, "Iraq does not need more than this amount to pay the salaries of employees if it undertakes the process of austerity in state administration," explaining that "through borrowing, it can bridge the investment gap and other service issues."
Rashid stressed that "Iraq is still going through the critical phase until now and needs monthly $ 3 billion to pay the salaries of employees and retirees, but that other issues and duties, including the ration card and international obligations, Iraq needs $ 6 billion to cover these things."
Rashid pointed out that "through loans and other alternatives that until now the government did not turn to, including financing by inflation and adjusting dollar prices, Iraq can go beyond the critical stage."
Iraq suffers from a deficit in its general budget due to the low oil prices, which constitute 90% of this budget, which prompted the government to borrow to pay the salaries of employees and retirement, and to stop investment projects for this year.
Parliamentary services: The government has proven its failure to provide the simplest services
Deputy Member of Parliamentary Services Committee Mudher Khazaal Al-Zergawi confirmed on Thursday that the current government is proving its failure to provide the simplest services, including electricity and water.
"The current government has failed to provide the most basic services to citizens in all its forms," Al-Zergawi told Al-Maalouma.
He added that "the upcoming sessions will witness the hosting of senior officials in the Iraqi state to determine the reasons for the government's failure in the file of services."
Al-Zirjawi, who is a deputy for the Alliance of Saeron, pointed out that "the central and southern governorates are still suffering despite the promises of the current government to provide the simplest services to the citizens."
Not cashing in: virus hits Iraq's Iran-US money trade
Sulaimaniyah (Iraq) (AFP) - In Iraq's Kurdistan region and at the country's Muslim Shiite holy sites, trading US dollars for rials from Iran was once big business.
But the money exchange trade has been hard hit by lockdown restrictions to stop the spread of COVID-19, and by deep economic woes in both countries.
Traders in Sulaimaniyah, the second city of Iraqi Kurdistan and close to the border with Iran, have seen dramatic changes.
In March, before restrictions to stem the pandemic which has killed more than 5,000 Iraqis and infected more than 130,000 others, one dollar traded for 150,000 Iranian rials.
Today, one dollar fetches 250,000 rials, money changer Amanaj Saleh told AFP.
Tehran and Washington may be at loggerheads -- coming close to open war in Iraq at the beginning of the year -- but Iraqis have no problem keeping a mix of the rival banknotes in their wallets.
Betting on a rebound in the Iranian currency -- and hoping the coronavirus crisis would pass quickly -- many Iraqis rushed to snap up rials on the cheap.
The dollar-rial trade seemed like a welcome alternative income during the financial turmoil, which has destroyed countless livelihoods.
A survey by the International Rescue Committee (IRC) aid organisation has found 87 percent of people questioned said they could no longer work because of the disease.
- Big losses -
Iraq is going through its worst economic crisis in its recent history, hit by a slump in oil prices that account for almost all public revenues.
Government austerity cuts are expected to be severe.
"Since the appearance of coronavirus and the economic crisis it has caused, people who can no longer work are investing in Iranian currency to make their capital work," said Saleh.
But the trader, a man with a small grey moustache sitting under a huge framed reproduction $100 bill, warned that not all had found profit in the gamble.
"Those who had bought Iranian rials at the exchange rate of 200,000 rials for one dollar, now resell them at the lower rate: 250,000 rials for a dollar," he said.
Many Iraqis use American dollars and their own dinars interchangeably, with the rates stable between the two currencies.
It is the big swings between dollars and Iran's rial that attract those hopeful of winning on the difference.
American sanctions have long stifled the Iranian economy, and the closure of official border crossings between Iran and Iraq has added to the woes.
Hazar Rahim, a labourer in Sulaimaniyah, found this out the hard way.
"A few days ago, I bought five billion Iranian rials," he told AFP. "I was betting on the market but I was taken by surprise. In a few hours, the rial dropped, and I'd lost 13,000 dollars."
- Religious tourism frozen -
Two of the most holy sites for Shiites, Karbala and Najaf, are both in southern Iraq. Millions of Shiite pilgrims, the majority from Iran, visit every year.
They bring Iranian rials to spend and trade. In past years, the visitors brought in up to five billion dollars -- crucial in a country where almost all tourism is to religious sites.
It also provided hundreds of thousands of jobs and accounted for around 2.5 percent of GDP, according to official figures.
But with travel restrictions in place because of the virus, the shops and restaurants once busy with visitors are closed.
Iranian arrivals had already slowed amid deep economic woes at home since the United States in 2018 withdrew from the Iranian nuclear agreement and reinstated punishing sanctions.
Coronavirus in Iran -- the worst in the region with more than 17,000 deaths and 310,000 infections -- has only worsened the situation of the country.
The crisis has reduced Iran's exports, causing devaluation and inflation.
According to the International Monetary Fund, Iran's GDP is expected to shrink six percent in 2020, after contracting 7.6 percent last year.
In Iraq, meanwhile, tougher times loom as well. The economy is expected to contract almost 10 percent this year.
But with few apparent alternatives, dozens of Iraqis keep coming to the money traders in the hope that times will change, the rial will rise, and they can cash in.
Iraq to Be ‘Forced’ to 100% OPEC+ Compliance, Oil Minister Says
Iraq will be forced into 100% compliance with the OPEC+ deal in August and September as the producer group loses patience with the laggard, the country’s oil minister said on Thursday.
“This tolerance from OPEC won’t last long. We will be forced this month and next month to 100% compliance,” Ihsan Abdul Jabbar said in a Zoom symposium. “The non-compliance of Iraq means non-compliance of others and this mean collapse of oil prices like what happened in March and April with its effect on Iraq’s economy.”
The Organization of Petroleum Exporting Countries’ crude production rose last month as Persian Gulf members phased out extra supply cutbacks aimed at re-balancing the market. The producer group increased output by 900,000 barrels a day to 23.43 million a day, according to a Bloomberg survey.
Exports from OPEC’s Middle East producers also increased in July after Saudi Arabia and key Persian Gulf allies reversed the voluntary production cuts they had made the previous month.
Iraq has come under pressure from Saudi Arabia after failing to meet its production curbs target in May and June. Last month, the country’s output slid by just 11,000 barrels a day, tanker-tracking data compiled by Bloomberg show
“We were not committed during the previous months,” Jabbar said. “It was a low-level compliance compared to some countries. Saudi, Kuwait, and UAE made complementary cuts of more than 1 million” to support crude prices.
Iraq ranks 38th with the largest gold reserves in the world
The World Gold Council announced that more than 35,000 tons of gold are held by the world, indicating that Iraq ranks 38th in the world with the largest gold reserves. The council said in a report, which was viewed by "Al-Zawra": "The world's possession of gold as reserves for these countries amounted to 35 thousand and 17 tons," noting that these reserves increased from 2019, which amounted to 34 thousand and 300 tons.
"He added that" the United States It ranked first in its possession as a reserve of gold at 8 thousand and 133 tons, followed by Germany in second place and with a reserve of 3 and 363 tons, and then Italy comes in third place with a reserve of two thousand and 450 tons. 96.3 tons, which is equivalent to 8% of its reserves in other currencies, while it ranked fifth in the Arab world after Saudi Arabia, Algeria, Lebanon and Libya.
Iranian newspaper: The current economic situation is worse than it was during the war with Iraq
Baghdad / Al-Akhbariya
Aftab Yazd newspaper highlighted the possibility of the return of the coupons (ration cards) and the statements issued by experts.
And economic specialists, in which they warned of the economic consequences of the coupon system.
Isaac Jahangiri, the first vice-president of Iran, had said months ago that there was a possibility for coupons to be returned.
Ration) in the country, saying, "We may have to ration and return to purchase vouchers for some commodities." Except that he backed down yesterday and confirmed
The government opposes the return of the coupon system.
The newspaper also relied on the statement of the economist Syed Murtaza Afaq, who emphasized that "the political and economic situation of Iran in
The time is much worse than it was during the Iran-Iraq war, because Iran at that time was able to sell some
Its exports, but at the present time it cannot export and it cannot also import its needs. "
US puts sanctions on ally of Zimbabwe president
Washington accuses Kudakwashe Tagwirei and his company of derailing development and harming the country’s people
The US has imposed sanctions on a close business ally of Zimbabwe’s president Emmerson Mnangagwa who was until this year the partner of global commodity trader Trafigura in the African nation.
Kudakwashe Tagwirei and his Sakunda group were blacklisted on Wednesday by the US Treasury, which said that the businessman used “opaque business dealings and his ongoing relationship with President Mnangagwa” to improperly amass wealth in the shortages-plagued country.
Both the opposition and figures within Mr Mnangagwa’s ruling Zanu-PF party have accused Mr Tagwirei of “state capture”, or systematic looting of public resources, while ordinary Zimbabweans are suffering from the collapse of the local currency and triple-digit inflation.
Mr Tagwirei has become popularly known as “Queen Bee” over the allegations of state capture, which Sakunda has denied.
“Tagwirei and other Zimbabwean elites have derailed economic development and harmed the Zimbabwean people through corruption,” Justin Muzinich, deputy secretary in the US Treasury, said.
The sanctions will prevent Americans from dealing with Mr Tagwirei or Sakunda.
Mr Tagwirei did not respond to a request for comment on the sanctions designation.
Mr Tagwirei “has utilised his relationships with high-level Zimbabwean officials to gain state contracts and receive favoured access to hard currency, including US dollars”, the US Treasury said. “In turn, Tagwirei has provided high-priced items, such as expensive cars, to senior-level Zimbabwean government officials.”
Sakunda has also come under scrutiny over its role in a government agriculture subsidy drive under Mr Mnangagwa, with opposition lawmakers saying $3bn of state funds cannot be accounted for.
Trafigura, which has been a main lender to Zimbabwe by supplying fuel on credit, was in a joint venture with Sakunda until it cut ties this year in order to “bring improved clarity on Trafigura’s activities in the country”.
Trafigura had previously held a 49 per cent stake in the venture, Trafigura Zimbabwe. It bought out Sakunda’s controlling stake in the severing of ties. The trading group said on Wednesday that this deal was now complete.
The Financial Times revealed last year while Sakunda was still a partner of Trafigura that the IMF had warned Zimbabwean authorities on Sakunda’s favoured access to central bank resources, after the company received inflated payouts on government debts.
The payouts led to massive increases in the money supply, tanking the Zimbabwe dollar further and worsening the economic crisis. Scrutiny of Mr Tagwirei’s interests beyond Sakunda has grown this year as he has been linked to a series of other business deals, including mines in the country.
Mr Mnangagwa’s government recently brutally suppressed protests against corruption planned for last week, including the detention of journalists, activists and opposition politicians.
He claimed in an address this week that “dark forces” inside and outside Zimbabwe were working against his government, and threatened to “flush out” his enemies.
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.
8-6-2020 Intel Guru Frank26 ...everything about the reinstatement of the dinar was done by the United States Treasury. It's all well calculated for the reinstatement of the currency of Iraq at 1 to 1...oh my goodness the timing. They're about to introduce the 100...
8-5-2020 Intel Guru Bruce [via WiserNow] ...one of the sources that is extremely well connected was talking about today or tomorrow [Wednesday]...I know some things that have happened – that are continuing to go on – and one thing that happened last night – all currencies came up live on the screens last night...the only currency that was not up was the Zimbabwe Zim Dollar...You know I cannot say absolutely tomorrow [Wednesday] is our day...I think we are basically all ready to go - we know security has always been an issue...I believe that mostly that is in check now...So I am going to say at this point we are believing for this to come – fairly quickly...
8-5-2020 Intel Guru RayRen98 [Ray are we just about to cross the finish line?] IT APPEARS THAT WAY...TIME WILL TELL.
8-5-2020 Newshound Guru Pimpy What we're hoping on is Al-Khadimi to meet with the king of Saudi Arabia before he comes here. There is an agreement that I think the United States is waiting on some kind of agreement between the two countries where Saudi Arabia is going to help Iraq financially but there are some things they need to hammer out. So I'm watching for those 2 to happen [Kurdistan agreement and Saudi Arabia visit] before Al-Khadimi comes here... something tells me something big is going to happen this month...
8-5-2020 Intel Guru MarkZ [via PDK] In Iraq they are still continuing to educate the people there and to get as much currency off the streets as they can. Everything is pretty quiet from banking centers….they have done a good job with “gag orders”. The way I look at it is there is such a tremendous push to keep people quiet...any news we are getting right now may be things like misinformation they are feeding us on purpose…I’m trying to watch the actual banking process so I don’t deal with the rumors…I did touch base with a redemption center contact who believes they will be working this weekend. I am not looking for today…but think its doggone soon.
8-5-2020 Intel Guru Frank26 So this rare event, this large volume is not just one payment but a multiple of times? Are all the payments coming to the United States of America? Don't know but IMO Iraq is making huge movement of their currency and we started studying that about 3 weeks ago...they have been moving IQD amounts electronically through the Iraqi Stock Exchange for some time now...IMO when the reinstatement of the currency of Iraq comes about the world has to be ready for it. That's what this large volume is doing - preparing the world for the reinstatement of the Iraqi dinar. [Post 2 of 2]
8-5-2020 Intel Guru Frank26 There have been large amounts of volume of the Iraqi dinar that are moving globally internationally...I believe that what the CBI is doing is that it's seeding many banks around the world that are mirrored with the CBI banks...we believe these banks have samples of the Iraqi dinar and the banks inside of Iraq have the new small categories ready to be distributed...this large volume is unprecedented especially when it's at a program rate that is worth nothing. Why would other countries be interested in accepting and receiving platforms, PLATFORMS, volumes of a worthless Iraqi dinar? It's highly possible...that it's a form of payment...this payment was coming to the United States of America...we thought it was 1 payment. It turns out IMO it's multiple payments. [post 1 of 2....stay tuned]
8-5-2020 Newshound Guru Militiaman ...this last bit of timing, the convergence of all the the economic stuff that's been happening globally, I have to say that I really wasn't a proponent of this global evolution. I really wasn't. But now I'm starting to see things a little more clearly. It is more a global situation. It's not in my view just about any one country. It's about a few or many. And I think it's all coming together because of these circumstances we find ourselves in economically...there is some really powerful stuff that's coming out lately and I think we're seeing that...when you're talking about money you're talking about prestige. You're talking about sovereignty. You're talking about currency and that's where we are...it's beautiful...I think these guys are timing things...I think short term. I Just don't see it any other way at the moment...
8-5-2020 Newshound/Intel Guru Petra ...they're definitely following a playbook. Now it's down to execution of that playbook and the timing is there...central banks - we know they are aware of what's going on. I think now it's down to a timing issue. I think they've done all the checks they've needed to check...I think our study is coming to a close...
8-5-2020 Intel Guru Frank26 ...Iraq is a sovereign country. The President of the United States of America is about to make that announcement...IMO...
8-5-2020 Intel Guru RayRen98 [Ray are we just about to cross the finish line?] IT APPEARS THAT WAY...TIME WILL TELL.
8-5-2020 Newshound Guru Pimpy What we're hoping on is Al-Khadimi to meet with the king of Saudi Arabia before he comes here. There is an agreement that I think the United States is waiting on some kind of agreement between the two countries where Saudi Arabia is going to help Iraq financially but there are some things they need to hammer out. So I'm watching for those 2 to happen [Kurdistan agreement and Saudi Arabia visit] before Al-Khadimi comes here... something tells me something big is going to happen this month...
8-5-2020 Intel Guru MarkZ [via PDK] In Iraq they are still continuing to educate the people there and to get as much currency off the streets as they can. Everything is pretty quiet from banking centers….they have done a good job with “gag orders”. The way I look at it is there is such a tremendous push to keep people quiet...any news we are getting right now may be things like misinformation they are feeding us on purpose…I’m trying to watch the actual banking process so I don’t deal with the rumors…I did touch base with a redemption center contact who believes they will be working this weekend. I am not looking for today…but think its doggone soon.
8-5-2020 Intel Guru Frank26 So this rare event, this large volume is not just one payment but a multiple of times? Are all the payments coming to the United States of America? Don't know but IMO Iraq is making huge movement of their currency and we started studying that about 3 weeks ago...they have been moving IQD amounts electronically through the Iraqi Stock Exchange for some time now...IMO when the reinstatement of the currency of Iraq comes about the world has to be ready for it. That's what this large volume is doing - preparing the world for the reinstatement of the Iraqi dinar. [Post 2 of 2]
8-5-2020 Intel Guru Frank26 There have been large amounts of volume of the Iraqi dinar that are moving globally internationally...I believe that what the CBI is doing is that it's seeding many banks around the world that are mirrored with the CBI banks...we believe these banks have samples of the Iraqi dinar and the banks inside of Iraq have the new small categories ready to be distributed...this large volume is unprecedented especially when it's at a program rate that is worth nothing. Why would other countries be interested in accepting and receiving platforms, PLATFORMS, volumes of a worthless Iraqi dinar? It's highly possible...that it's a form of payment...this payment was coming to the United States of America...we thought it was 1 payment. It turns out IMO it's multiple payments. [post 1 of 2....stay tuned]
8-5-2020 Newshound Guru Militiaman ...this last bit of timing, the convergence of all the the economic stuff that's been happening globally, I have to say that I really wasn't a proponent of this global evolution. I really wasn't. But now I'm starting to see things a little more clearly. It is more a global situation. It's not in my view just about any one country. It's about a few or many. And I think it's all coming together because of these circumstances we find ourselves in economically...there is some really powerful stuff that's coming out lately and I think we're seeing that...when you're talking about money you're talking about prestige. You're talking about sovereignty. You're talking about currency and that's where we are...it's beautiful...I think these guys are timing things...I think short term. I Just don't see it any other way at the moment...
8-5-2020 Newshound/Intel Guru Petra ...they're definitely following a playbook. Now it's down to execution of that playbook and the timing is there...central banks - we know they are aware of what's going on. I think now it's down to a timing issue. I think they've done all the checks they've needed to check...I think our study is coming to a close...
8-5-2020 Intel Guru Frank26 ...Iraq is a sovereign country. The President of the United States of America is about to make that announcement...IMO...
Catnip's Corner:
***************
ARTICLE 1-A (from PM Kadhimi's website; posted only on Arabic side, not on English side)
Prime Minister Mustafa al-Kazemi meets with a group of graduate demonstrators, and promises to meet their demands
The Prime Minister, Mr. Mustafa Al-Kazemi, visited today, Wednesday, a group of young demonstrators, graduates of colleges and institutes, in places of their demonstration and sit-in, and listened to their demands and proposals.
His Excellency promised to fulfill all their rightful demands, and he showed them that the government faces cumulative problems, which were caused by years of mismanagement and misbehavior in the decision, and the missed opportunities for development, in addition to the absence of long-term plans.
His Excellency said: The challenges facing us as a government are great challenges, and all your demands are a legitimate and constitutional right, except that the amount of work required and the effort to be made is a great effort, but it will not fail us.
The Prime Minister added: The steps initiated by the government to surround the outlets of corruption, hold the perpetrators accountable and correct the course of administration, will have a positive impact on the overall performance of the state and the government apparatus, and that the demands of the demonstrators throughout Iraq fully meet the reform program adopted by the government.
Media office of the Prime Minister
5-August-2020
***************
ARTICLE 1-B (from PM Kadhimi's website; posted only on Arabic side, not on English side)
Prime Minister Mustafa al-Kazimi visits the headquarters of the Ministry of the Interior and meets with its security leaders
The Prime Minister, Commander in Chief of the Armed Forces, Mr. Mustafa Al-Kazemi, today, Wednesday, visited the headquarters of the Ministry of the Interior, and he was received by the Minister of Interior Mr. Othman Al-Ghanmi and the security leaders in the Ministry.
Mr. Al-Kazemi extended congratulations to the employees of the Ministry of Interior of all kinds, and to all security services on the occasion of the blessed Eid Al-Adha, expressing his wishes for success and lasting victory for the security forces, asking God Almighty to have mercy on the innocent martyrs, heal the wounded and bless the country with security and stability.
Mr. Al-Kazimi praised the heroes of the Ministry of Interior who made the great sacrifices in their fight against terrorism and their pursuit of crime, in order for stability to prevail throughout Iraq.
He asserted that the government is determined to carry out comprehensive reform in all economic, service and security sectors, and that the security institution is among the institutions covered by the reforms in order to increase its efficiency and professionalism, stressing that the reform begins first from the army and the police, and the opportunity is available to work and correct mistakes in order to increase its ability to Perform its security duties with high efficiency.
The Prime Minister, Mr. Mustafa Al-Kazemi, stated that the security forces have many tasks and major challenges in the face of terrorism and crime, stressing his rejection of any political and partisan and social pressure exerted on the security establishment, and that the duty of the security agencies is to provide protection to all Iraqis without interfering in their work .
Mr. Al-Kazemi called on the security forces to abide by the basic requirements of security work, which are respecting human rights principles and building bridges of trust with the citizen, according to the contexts of the law and the frameworks of justice, stressing at the same time the refusal to attack the security man who represents the law, and any attack on it is an attack on the state and we They are obligated to protect him and his family.
Mr. Al-Kazemi stressed the importance of developing and activating the intelligence effort in the work of the Ministry of Interior, and that it be one of the priorities of its work, in order to strengthen security and stability in the country.
His Excellency pointed to the expected tasks of the Ministry of Interior, which is to protect the upcoming electoral process, provide a safe environment for candidates and voters, and ensure the success of the democratic practice.
Mr. Al-Kazemi called the security man to pay attention to the physical aspect, raise fitness, and pay attention to military hospitality and adhere to it.
Media office of the Prime Minister
5-August-2020
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ARTICLE 1-C (from PM Kadhimi's website; posted only on Arabic side, not on English side)
Prime Minister Mustafa al-Kazemi called the Lebanese Prime Minister to offer condolences and solidarity
The Prime Minister, Mr. Mustafa Al-Kazemi, made a phone call to the Lebanese Prime Minister, Hassan Diab.
Al-Kazimi expressed, during the call, his deep sympathy, condolences and the sympathy of all Iraqis with the Lebanese people, following the tragic accident in the port of Beirut.
The Prime Minister indicated to his Lebanese counterpart that Iraq will not be late to stand with Lebanon in this ordeal, and that the Iraqi government decided to send a plane loaded with urgent medical aid, as an expression of the participation of the injured Lebanese.
He also called on his compassion for mercy for the victims of the accident and patience for their relatives, and for the wounded to be fully cured, and for the Almighty to spare Lebanon, and all other friendly and sister countries all harm.
For his part, the Lebanese Prime Minister thanked Mr. Al-Kazemi, and his appreciation for the positions of Iraq that always come in the interest of Lebanon and its people, and the historical relationship between the two countries.
Media office of the Prime Minister
5-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 posted on the Government of Iraq twitter account.
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ARTICLE 3
Al-Kazemi for the demonstrators: All your demands are a legitimate and constitutional right
Editing Date: 8/5/2020 17:52 • 65 times read
[Baghdad_Where]
The Prime Minister, Mustafa Al-Kazemi, visited today, Wednesday, a group of young demonstrators who had graduated from colleges and institutes at their places of demonstration and sit-in, and listened to their demands and proposals.
Al-Kazimi promised, according to his media office statement, "to fulfill all their rightful demands, and he showed them that the government faces cumulative problems, which were caused by years of mismanagement and misbehavior in the decision, and missed opportunities for development, in addition to the absence of long-term plans."
"The challenges facing us as a government are great challenges, and all your demands are a legitimate and constitutional right, but the amount of work required and the effort to be made is a great effort, but it will not fail us," Al-Kazimi said.
The Prime Minister added that "the steps initiated by the government to surround the outlets of corruption, hold the perpetrators accountable, and correct the course of administration, will have a positive impact on the overall performance of the state and the government apparatus, and that the demands of the demonstrators throughout Iraq fully meet the reform program adopted by the government." .
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ARTICLE 4
Al-Karawi: Any negotiations with the Americans will not succeed
5/8/2020 17:12
[Baghdad_Eyein] A
spokesman for Major General 19 Ansar Allah Alofia, Adel Al-Karawi, confirmed on Wednesday that any negotiations and dialogue with the American side will not succeed unless three things are achieved.
Al-Karawi said that "the negotiations and strategic dialogue that took place between Iraq and Washington failed miserably because of the accumulation of several things during which the interests of the Americans at the expense of Iraqi sovereignty."
He added that "any future negotiations with Washington will not succeed unless three issues are investigated," noting that "negotiations must be preceded by preventing any American presence inside Iraq."
Al-Karawi said that "the second thing is that the Iraqi negotiator is not naturalized by the United States, the last of which will be the government emanating from the people."
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ARTICLE 5
After the Beirut Port disaster, Iraq imposes precautionary measures to face the risks of storing and transporting chemical materials
Editing Date: 5/8 2020 18:40 • 65 times read
Ayna News -
Baghdad, the Iraqi General Customs Authority announced, Wednesday, the imposition of precautionary measures to address the risks of storing and transporting chemicals and dangerous materials.
The authority said in a statement, "Where News" received a copy of it, that "based on the requirements of the public interest, the General Authority of Customs today directed 5/8/2020 all of its customs centers to expedite the inventory of containers loaded with chemicals and dangerous materials that have not been cleared from the customs possession."
She added, "She addressed her customs centers operating in the land, sea and air outlets for the purpose of providing them with an inventory of these dangerous materials and the entities that belong to them urgently, and clarify the reasons for not completing their transactions by the ministries belonging to these materials and expedite the completion of transactions related to these containers."
The authority affirmed its "keenness to continuously follow up on this important file by directing its directorates to work in accordance with the controls for importing, transporting and storing hazardous chemical materials issued by the competent authorities."
On Tuesday, an explosion rocked the Beirut port and echoed across the city, as the building’s facades were destroyed and its balconies collapsed.
The Lebanese Ministry of Health announced that the number of victims has increased due to the continuation of the searches, as the number has so far reached 113.
The Secretary-General of the Lebanese Red Cross, George Kettana, has confirmed that there are more than 4000 wounded so far.
Reuters reported that preliminary investigations into the cause of the devastating explosion that rocked the port of the Lebanese capital Beirut yesterday concluded that it was due to the severe neglect that has continued for years.
The agency quoted an official source as confirming that the cause of the tragic accident that killed more than 100 people and injured 4,000 lies in the complacency and negligence that led to storing a large shipment of high explosive ammonium nitrate in a warehouse in the port.
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