Tuesday, August 4, 2020

WOTS TUES AUG 4 2020

WOTS TUES AUG 4 2020
The dollar's exchange rate rose in The Iraqi markets on Tuesday (August 4, 202)

Banking offices at The Struggle Stock Exchange were informed by Twilight News. The exchange rate was 123,850 dinars against US$100.

On the Harthia stock exchange, the exchange rate was 123,900 dinars against 100 U.S. dollars.

Before Eid, The Struggle Exchange recorded 123,650 dinars against 100 US dollars.

Selling prices in banking shops in local markets

Selling price 124,500 JD

Purchase price: JD 123,500

The Kurdistan Regional Stock Exchange also registered an exchange rate of 124,000 dinars against 100 U.S. dollars.  

The Markets:
The Asian markets closed up  NIK up by 1.70%  HSI up by 2%  SHANG up by .11%
The UK markets are currently trading  in the red from .01% to  .81%
Our futures are  currently trading in the red   DOW at 26507 by .19%  SNP at 3278 down  by .31%  NDX at 11005 down  by .25%

Precious Metals:
Gold is red at 1975 Silver is green at 24.44   Copper is red at 289  Platinum is green  at 926 
Brent 43 WTi  40

Favorite Currencies Forex Quotes

SymbolBidAskHighLowOpenChangeTime
 USD/IQD  0.0000  0.0000 1191.9000 1191.0000 1191.9000  -1.7000 00:00
 USD/VND  23175.0000  23178.0000 23146.7600 23144.6600 23144.6600  4.4400 05:10
 USD/CNY  6.9814  6.9834 6.9856 6.9781 6.9795  0.0011 05:19
 USD/KWD  0.3054  0.3064 0.3057 0.3055 0.3057  -0.0002 04:10
 GBP/USD  1.3060  1.3061 1.3107 1.3046 1.3073  -0.0013 05:24
 USD/IRR  0.0000  0.0000 43011.9000 43011.9000 43011.9000  -43.1000 00:00
 USD/IDR  14671.0000  14682.0000 14712.0000 13599.0000 14668.0000  2.0000 05:21
Things in the News:


Iraqi Articles:

Deputy: The first round of the US dialogue was a crossword

On Tuesday, a member of the House of Representatives, Enas Al-Maksousi, considered that the Iraqi-American dialogue in his first round was almost a crossword.
Al-Maksousi said in a statement to "Information", that "the Iraqi-American dialogue in its first round is almost just crossword puzzles, and there is nothing in its clauses that serves the Iraqi national interest."
She added that "what Iraq is going through since 2003 and to this day must be employed in favor of service, educational, cultural and health projects, and it is not limited to the issue of the American military presence in Iraq ."
Al-Maksousi indicated that "the first round of negotiations between the two sides did not address the economic and service side and lacks recommendations," considering that "the business paper presented between the two sides is cross words that lack all aspects that serve the interests of Iraq and its people.

Al-Fatlawi: External interference and obstacles impeding the implementation of the agreement with China

The deputy from the Al-Fateh Alliance Fadel Al-Fatlawi said that there are external wills and other obstacles that stand in the way of implementing the agreement with China, pointing out that Iraq will not be able to take a step forward unless these agreements are activated.
"There are external wills that stand in the way of working and activating the agreement with the Chinese side to advance Iraq economically," Al-Fatlawi told Al-Maalouma.
He added that "the China agreement avoided spending huge amounts of money in Iraq , as happened in many countries that contracted with Beijing to develop their infrastructure and projects."
And that " Iraq will not be able to advance one step in the field of services, construction and infrastructure in the event that obstacles remain and the intervention of various parties in economic agreements, especially the agreement with China."

State institutions respect the official without the citizen. The Trade Bank, for example, queues for auditors wait at a temperature exceeding 50 degrees Celsius
Why is the Iraqi not respected in state institutions, thus one of the auditors of the Iraqi Trade Bank (TBI), after the bank employees .prevented the auditors from entering the building, under the pretext of preserving their safety, following the outbreak of the Corona virus
Citizens were not reluctant to adhere to preventive measures, but the way in which employees are treated confirms the lack of respect for the citizen, as .they forced them to stay outside the bank, with the high temperatures reaching 49 degrees Celsius, without providing a place suitable for the customer .

The auditors complained about this poor performance, blaming the measures taken against them and their indifference to their safety

The obelisk correspondent says, that a deputy was banned to the bank and excluded and admitted to the building, in a clear distinction from the other .auditors ?
One of the auditors commented on this by saying: Do I have to be a deputy or official in order to respect me

Another reviewer criticized state institutions that in every country in the world institutions respect their customers, except in Iraq, the customer is not .respected
In the afternoon hours, the auditors sat at the height of the sun, under an umbrella placed by the bank outside the building, where the auditors were .waiting for their roles
Ali, a citizen who was banned to the bank, said he wanted to deposit an amount in his bank account, if the matter was a precaution, then why didn't the ?authorities responsible for the bank create a special room for the auditors
This scenario is repeated in many state institutions, as some of its employees deliberately disrespect citizens, neglect them and obstruct their .transactions .
And Iraq is witnessing a hot summer, as temperatures in Baghdad and some provinces exceeded half the boiling point

Iraq is ranked 14 out of 18 Arab countries in the field of economic government effectiveness 
Economist Manar Al-Ubaidi revealed on Tuesday a study conducted by the Arab Monetary Fund in 2019 in the field of the index of the .effectiveness of Arab governments in economic matters

Al-Obaidi said in a statement to the obelisk: Iraq ranked 14 out of 18 Arab countries that were studied in the field of the index of the effectiveness of .governments in economic matters According to the study, Iraq ranked last last in the amount of the rule of law in the field of economic matters, with a factor of 1.6, and 14th in the field of .administrative corruption with a factor of 1.3433, while on the level of the government's effectiveness, Iraq ranked 14th and a factor of 1.2465.

The three Arab countries, the UAE, Qatar and Oman, ranked first This report is prepared annually in cooperation with the World Bank to show the amount of a set of indicators, to measure the amount of competition .between Arab economies and to know the strengths and weaknesses of all economies and their impact on the general reality of the country.

The study relies on a set of questionnaires and surveys of the reality of the market to produce the most accurate results and analyzes

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 $ .   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. 
Shares Traded: not updated for today
Value Traded: not updated for today 

8-4-2020   Newshound/Intel Guru Petra  ...The quietness of the CBI at this point in time tells me something is coming...our focus is strictly on the CBI and what Allawi, what Allaq and his team and Shabibi have to say and not the parliament.  But they did make a statement about revaluing and that is going to force the CBI's hand to participate in responding to that statement...I think we're in an exciting time.
8-3-2020   Newshound/Intel Guru Petra  ...to be sovereign you have to be able to stand on your own two feet.  You've got to be able to support yourself...have your own currency and be able to use it internationally...to be part of the international community.  Why be a sovereign country if you can't direct you own sovereigns? ...so you have to be able to stand on your own two feet.  I think the fact that they are basically saying they are sovereign tells us they are ready to go...

8-3-2020   Newshound Guru Militiaman  ...it's quiet.  Why is it quiet?  ...we should see something...from the CBI in a very short period of time...

8-3-2020  Intel Guru MarkZ   [via PDK]   We saw so many players, attorneys, and folks involved in different payment centers all over the globe travel to be in place…they have great expectation.  Dates and rates can drive us all nuts but they are certainly back in position.  Many of these people have stated they would not travel again until it was imminent. And they were traveling over the weekend. ...The Iraqi minister is finally supposed to be in DC this week. He was supposed to be here a few weeks ago…but was delayed while stuff got done. I am hearing he will be in DC or New York tomorrow afternoon. Everyone needs to stay calm as we watch this roll out…Many people are telegraphing how close we are...

8-3-2020   Intel Guru Footforward    ...I would strongly suggest that it's becoming clear that the RV is going to happen on a Thursday...Thursday makes the most sense to me on every level possible...

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. 


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 receives a delegation of Yazid survivors and survivors from the Sinjar district

The Prime Minister, Mr. Mustafa Al-Kazemi, received today, Monday, a delegation representing a number of Yazidi survivors and survivors from the Sinjar district, the village of Kuju and the surrounding areas.
 
Mr. Al-Kazemi welcomed the Yazidi delegation, recalling the brutal crime against the Yazidis on that fateful day, August 3, 2014, by ISIS terrorist gangs, and the difficult circumstances they lived after occupying their areas and villages.
 
Mr. Al-Kazemi stressed that what happened to the Yazidis constituted an Iraqi pain that will not be repeated, and represented a heinous crime that attracted the attention and sympathy of world public opinion.
 
He stressed his sovereignty to work to keep this crime alive that future generations conjure up to reflect the brutality of ISIS gangs, and the valor of the security forces that conquered terrorism, liberated the land, and preserved the unity and sovereignty of Iraq.
 
Mr. Al-Kazemi addressed the Yazidi delegation by saying: Iraq is your country, and the government is keen to take care of all components of the Iraqi people and protect their identity. Diversity in Iraq is an element of strength, not weakness.
 
Mr. Al-Kazemi vowed to seriously search for the Yazidi kidnappers, and turn it into an international effort in order to return them to their families, stressing that justice must take its course. .
 
Media office of the Prime Minister
3-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

Election expert reveals speculative budget for early elections

Editing Date: 1/8/2020 23:12 • 150 times read
Ayna News - Baghdad

, the election expert, Adel al-Lami, revealed the speculative budget for the early elections set by Prime Minister Mustafa al-Kazemi on June 6.

Al-Lami said, "Where's News" that "in my estimation, the commission will be allocated up to 300 million dollars to hold the elections, and it is possible to squeeze these expenses significantly in the event of canceling some contracts that have become unnecessary and used from the local market."

He added that "setting a date for June 6, 2021 is very sufficient to hold elections for the legislative authority, and what the commission needs is to prepare for 6-8 months only." Indicating that "3 dates were presented to Al-Kazemi to hold the elections {April 1 and June 1 and October 1, and Al-Kazemi chose the middle of it, which is the proposal of the nations United. "

"The elections will take place after the upcoming Eid al-Fitr holiday, and the opportunity is conducive to the government to hold extensive meetings with the Electoral Commission to determine the estimated budget for these elections and to develop plans for the protection of polling sites and the form of support that the planning, trade, interior and defense ministries will provide for the success of this process."

He pointed out, "Encouraging the Electoral Commission and related entities to volunteer for the management of elections through the use of university students or employees and retirees to squeeze the budget."

Al-Lami concluded his speech by saying that he "voted on most of the articles of the law except for Article 15 regarding the form of electoral districts", noting that "the commission is able to hold elections even if they are at the level of individual districts."

Prime Minister Mustafa Al-Kazemi announced the 6 th of next June as the date for the early parliamentary elections.

As the Independent High Electoral Commission replied, on Saturday, by its willingness to hold the elections on the date set by Prime Minister Mustafa Al-Kazemi, and it would be ready to hold the elections at the date set 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 It can be published 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 linked 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 oversight necessary to achieve free, transparent and fair elections that represent the true will of the Iraqi people.
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ARTICLE 4

Al-Sudani: Setting the date for early elections is a step in the right direction

1/8/2020 14:15
[Baghdad-Ain]
Today, Saturday, Member of Parliament MP Muhammad Shi'a Al-Sudani confirmed that setting the date for early elections is a step in the right direction
The Sudanese said in a press statement that "setting the date for early elections is a step in the right direction, because it is a popular demand, and the decision must return to the people," noting that "the most important thing is that the government works to create a safe and stable environment, ensuring fair elections Express the will of the people, away from the dominance of arms and corrupt and external money. "
Prime Minister Mustafa Al-Kazemi, during a speech on Friday addressed to the Iraqi people, has set the sixth of June 2021 as the date for early elections.
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ARTICLE 5

Parliamentary Youth: Two laws on the table that contribute to solving mathematical problems

Editing Date: 8/2/2020 13:14 • 94 times read
[Baghdad-Ain]
The head of the Parliamentary Youth and Sports Committee, Abbas Alaiwi, revealed the reasons for stopping many important projects adopted by the Ministry of Youth and Sports, while referring to work to legislate two laws that contribute to solving problems on the sports field.
Aliwi said in a press statement today, Sunday, that "the financial crisis that the country is going through has cast a shadow over all ministries, including the Ministry of Youth and Sports, which makes it difficult to start new projects in the current period."
He stressed "the necessity of finding a real vision to tackle the stopping of vital projects, including the Al-Tajiyat Stadium, which occupies a 500-donum area of land that is sufficient to build an integrated sports city."
Aliwi pointed out that "there are laws that the Ministry of Youth and Sports need to work on, such as the law to amend the investment, which was written in an inappropriate and inappropriate manner, which has cast a shadow over many young people, in addition to the necessity of launching the voluntary work law after the youth have registered their supervisory positions in many of the The occasions and crises that Iraq is going through, especially in the Corona pandemic. "
The Chairman of the Parliamentary Youth and Sports Committee pointed out that "the spread of the Corona pandemic has caused the suspension of work on passing the laws of federations and clubs, which, if voted on, would remove many of the problems that exist today in the sports field."
Aliwi added, "Sports clubs need direct support from the Ministry of Youth by giving them a great opportunity to invest their lands and in cooperation with the rest of the ministries in granting clubs plots of land in order to invest them properly in order to be the proceeds for sports activities and thus clubs are away from government grants."
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