WOTS TUES SEPT 15 2020
The exchange rate of the dollar rose in the main stock markets, while it stabilized in local markets today, Tuesday (September 15, 2020).
Al-Kifah Stock Exchange recorded 123,350 dinars compared to 100 dollars, while the stock exchange yesterday recorded 123,200 dinars per 100 dollars.Selling prices in exchange shops in the local markets in Baghdad:
The selling price: 123.750 dinars per 100 dollars.
Purchase price: 122.750 dinars per 100 dollars.
The selling price: 123.750 dinars per 100 dollars.
Purchase price: 122.750 dinars per 100 dollars.
The Markets:
Asian markets closed mixed NIK down by .44% HSI up by .38% SHANG up by .51%
The UK markets are currently trading in the green from .28% to 1.16%
Our futures are currently trading in the green DOW at 28049 up by .64% SNP at 3396 by .70% NDX at 11371 by .93%
Precious Metals:
Gold is green at 1965 Silver is green at 27.65 Copper is red at 306 Platinum is green at 965
Brent 40 WTi 37
Favorite Currencies Forex Quotes
| Symbol | Bid | Ask | High | Low | Open | Change | Time |
|---|---|---|---|---|---|---|---|
| USD/IQD |  1169.0000 |  1219.6000 | 1192.8000 | 1190.9000 | 1192.8000 | -0.6000 | 15:50 |
| USD/VND | 23175.0000 | 23177.0000 | 23167.4600 | 23159.6200 | 23159.6200 | 9.0300 | 00:38 |
| USD/CNY | 6.7733 | 6.7753 | 6.8095 | 6.7721 | 6.8093 | -0.0363 | 05:28 |
| USD/KWD | 0.3052 | 0.3062 | 0.3056 | 0.3054 | 0.3056 | -0.0002 | 04:07 |
| GBP/USD |  1.2905 | 1.2906 | 1.2907 | 1.2815 | 1.2844 | 0.0061 | 05:28 |
| USD/IRR | 42000.0000 | 42210.0000 | 43011.9000 | 43011.9000 | 43011.9000 | -43.1000 | 04:44 |
| USD/IDR | 14823.0000 | 14824.0000 | 14918.0000 | 14810.0000 | 14918.0000 | -93.0000 | 05:26 |
PEPSICO, Longtime Purveyor of Caffeine, Now Aims to Make You Sleepy...
Robot can detect people not wearing masks...
Israelis Angered By Nationwide Lockdown Days Before Rosh Hashanah...
Vaccine maker got $1 billion from taxpayers. Now it's boosting drug prices...
Scientists Discover Area Of Brain That Controls Sexual Desire In Men...
Iraqi Articles:
Robot can detect people not wearing masks...
Israelis Angered By Nationwide Lockdown Days Before Rosh Hashanah...
Vaccine maker got $1 billion from taxpayers. Now it's boosting drug prices...
Scientists Discover Area Of Brain That Controls Sexual Desire In Men...
Iraqi Articles:
Moody's: Iraq will see a significant drop in financial revenues
A number of countries in emerging markets and below, such as Iraq, Kuwait, Ecuador and Cambodia, which depend to varying degrees on commodities or tourism, are likely to see significant annual declines in financial revenues, according to a report by Moody's Credit Rating Agency.
In its report, the Agency explained that the sharp recovery in global financial markets, following a period of unprecedented turmoil, was preceded by stable production or low rates of MERS-CoV infection in many emerging and border market economies.
While a range of political responses had supported a return to risk appetite and appeared to have managed to avert a full global financial crisis, many economies would begin their recovery with greater fiscal and external weaknesses.
According to the report, the unprecedented economic shock hit low-rating Governments stronger, leading to widening financial and external imbalances, while emerging and sub-emerging markets experienced economic shock through multiple channels, including lower export values, as a result of lower commodity prices, weak tourism and lower global demand, as well as fluctuations in non-resident capital flows, indicating that macroeconomic pressures added other financial and external tensions.
In extreme cases, liquidity pressures have increased towards serious stress or deficits, while the Agency has indicated that some Governments in emerging and sub-emerging markets have benefited from emergency financing, with substantial financial support from international financial institutions and the formal sector partially financing financial and external gaps.
The Agency noted that low-level sovereign-rated Governments, which overcome the crisis without default, will continue to face significant challenges during the recovery phase, with global capital flows remaining volatile, likely to hamper investment, limiting job creation and consumption.
The uneven economic recovery and weak financial and external conditions will leave lasting credit challenges for many countries, even as global economic conditions return to normal, the agency said.
During his meeting with Maliki ... Velayati calls on Iraqi politicians to find solutions to Iraq's problems
The advisor to the Iranian guide for international affairs, Ali Akbar Velayati, Tuesday (September 15, 2020) called on .Iraqi politicians to find solutions to problems in Iraq under the new government headed by Al-Kazemi
Fars News Agency quoted Velayati as saying during a meeting with the leader of the State of Law coalition, Nouri alMaliki:
"We hope that Iraqi politicians will take great steps in finding solutions to the problems of Iraq and the region ".under the new government headed by Mustafa Al-Kazemi
Velayati stressed, "the need to consolidate ties between the Iranian and Iraqi peoples in light of the close historical relations that extend back to about 4,000 years and the many common cultural commonalities between the two ".countries
Khamenei's advisor described Al-Maliki: "As a struggling friend, he worked to advance the interests of the Iraqi people ".forward, and the meeting with him was very positive
The media office of the owners had revealed that the latter, arrived last Thursday evening, to the Iranian capital, .Tehran, on a special visit that would last for several days He added, "It is hoped that al-Maliki will meet with a number of Iranian officials, and he will also conduct routine ".medical examinations during the visit
Iraq and France intend to sign a military memorandum of understanding
The Chief of Staff of the Army, Lieutenant General Abdel Amir Rashid Yarallah, discussed with his French counterpart, General Francois Le Quanter, the relations between the two countries.
A statement of the Iraqi Ministry of Defense, which "Nas" received a copy of, stated (September 15, 2020), that "the Chief of Staff of the Army, Special Forces Staff, Abd al-Amir Rashid Yarallah, received a phone call from his French counterpart, during which the two parties discussed a number of important axes, including confirmation of The distinguished relations between the two countries and means of strengthening them, and the French side continuing to support and develop the capabilities of the Iraqi army through the NATO mission in Iraq and bilateral cooperation between the two countries.
He continued, "The French Army Chief of Staff expressed his desire to visit Iraq soon and discuss ways of military cooperation with the Chief of Staff of the Army in all fields."
"The two sides confirmed their desire to sign a memorandum of military understanding to support the Iraqi army and fight terrorism," he added.
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 CBI for rate is 1190.
The currency auction total sales amount $ 0. no update for today
The currency auction total sales amount $ 0. no update for today
including $ 0. no update for todayISX Update: Shares Traded: not updated for todayValue Traded: not updated for today
including $ 0. no update for today
ISX Update:
Shares Traded: not updated for today
Value Traded: not updated for today
9-14-2020 *** Dinar Guru News Flash *** News articles out of Iraq are indicating Iraq's Prime Minister Al-Kazemi has appointed a new Central Bank of Iraq governor. Stay tuned as the gurus chime in on what impact this major appointment will have on the dinar and the timing of a possible RV/rate change. The latest gurus posts will continue below...
9-14-2020 Newshound Guru Jeff ...the period you're in is red hot...My opinion is I think they're going to change the rate for Iraq on Sunday morning of 9-20... everything's right on track moving in the right direction...you are in the hottest time frame of this investment that you've ever been in right now. It could not be any better or look any better.
9-14-2020 Newshound Guru Pimpy ...as usual Al-Kazemi looking like a superstar. Remember when he first got into office he had made a comment to removing and replacing about 1,000 senior positions there. Really draining the Iraqi swamp...this seems to be happening. Article: "The first Sunni comment on A-Kazemi's incursion into the ranks of the "deep state" Yeah, he's draining the swamp...I feel very positive about this...I'm excited about it.
9-14-2020 Newshound Guru Kaperoni It is confirmed...Ali al-Alaq is out as CBI Governor. New CBI Governor is Mustafa Ghaleb...
9-14-2020 Newshound Guru MilitiaMan ...We know the goal is to go to a social market economy. A Market economy is free to trade across borders. A program rate doesn't get into the free markets. But, an international rate does get them into a market economy...Where they can borrow in effect from themselves with leverage from the value of the new exchange rate/currency. Just as the IMF and World Bank have told them. We see a clear theme lately that is pointing to that Iraq is backed into a corner. They have no liquidity to pay salaries and they tell us they have two choices...Austerity or float the currency. ...So from the looks of things the cards will be on the table soon enough to see if any of this is pertinent or not. My bet is what is in print supports they will see the reforms through now...The solutions is to raise the value (financing by inflation) and floating the currency. imo.
9-14-2020 Intel Guru MarkZ [via PDK] Iraqi sources are pretty confident that they will get a new rate this week. All the chatter everywhere is excellent. I am getting a lot of chatter that things start here tomorrow in the US and all over the world for the redemption process...Chatter has been exceptionally good for positioning to start this week. [How confident about exchanging this week?] As long as everything continues to move forward I feel it will be late in the week…
9-14-2020 Newshound Guru Jeff We have some very amazing news that I'm shocked to see...it's good. Article: "The first Sunni comment on Al-Kazemi's incursion into the ranks of the "deep state" Quote: "...Prim Minister Kazemi made major changes in a number of government position most notably the Central Bank Governor of Iraq..." ...the original Central Bank governor was only a proxy. He was temporary. There was some theory that we might need to see a new Central Bank Governor before the rate could change and there you go...has now officially happened...as you see they're cleaning house, making a lot of changes right now. That's good.
9-14-2020 Newshound Guru Kaperoni There is a lot of talk in the media about the government submitting the economic reform law by the end of month to parliament. This is an important law and we need to watch closely to see if there is anything on it regarding currency reform.
9-14-2020 Newshound Guru Jeff ...Iraq can only pay [contracts with the Iraqi dinar]. For example I told you that they signed that contract with GE for 1.2 Billion dollars. Because of Article VIII Iraq can only make payment with their currency - the dinar. They cannot use the US dollar. So in order for them to make payments... their currency has to be internationally recognized. GE is not going to accept payment with a non-internationally recognized currency. So anybody receiving payment from Iraq, the Iraqi dinar must be internationally recognized to receive those payments...
9-14-2020 Newshound Guru Pimpy ...as usual Al-Kazemi looking like a superstar. Remember when he first got into office he had made a comment to removing and replacing about 1,000 senior positions there. Really draining the Iraqi swamp...this seems to be happening. Article: "The first Sunni comment on A-Kazemi's incursion into the ranks of the "deep state" Yeah, he's draining the swamp...I feel very positive about this...I'm excited about it.
9-14-2020 Newshound Guru Kaperoni It is confirmed...Ali al-Alaq is out as CBI Governor. New CBI Governor is Mustafa Ghaleb...
9-14-2020 Newshound Guru MilitiaMan ...We know the goal is to go to a social market economy. A Market economy is free to trade across borders. A program rate doesn't get into the free markets. But, an international rate does get them into a market economy...Where they can borrow in effect from themselves with leverage from the value of the new exchange rate/currency. Just as the IMF and World Bank have told them. We see a clear theme lately that is pointing to that Iraq is backed into a corner. They have no liquidity to pay salaries and they tell us they have two choices...Austerity or float the currency. ...So from the looks of things the cards will be on the table soon enough to see if any of this is pertinent or not. My bet is what is in print supports they will see the reforms through now...The solutions is to raise the value (financing by inflation) and floating the currency. imo.
9-14-2020 Intel Guru MarkZ [via PDK] Iraqi sources are pretty confident that they will get a new rate this week. All the chatter everywhere is excellent. I am getting a lot of chatter that things start here tomorrow in the US and all over the world for the redemption process...Chatter has been exceptionally good for positioning to start this week. [How confident about exchanging this week?] As long as everything continues to move forward I feel it will be late in the week…
9-14-2020 Newshound Guru Jeff We have some very amazing news that I'm shocked to see...it's good. Article: "The first Sunni comment on Al-Kazemi's incursion into the ranks of the "deep state" Quote: "...Prim Minister Kazemi made major changes in a number of government position most notably the Central Bank Governor of Iraq..." ...the original Central Bank governor was only a proxy. He was temporary. There was some theory that we might need to see a new Central Bank Governor before the rate could change and there you go...has now officially happened...as you see they're cleaning house, making a lot of changes right now. That's good.
9-14-2020 Newshound Guru Kaperoni There is a lot of talk in the media about the government submitting the economic reform law by the end of month to parliament. This is an important law and we need to watch closely to see if there is anything on it regarding currency reform.
9-14-2020 Newshound Guru Jeff ...Iraq can only pay [contracts with the Iraqi dinar]. For example I told you that they signed that contract with GE for 1.2 Billion dollars. Because of Article VIII Iraq can only make payment with their currency - the dinar. They cannot use the US dollar. So in order for them to make payments... their currency has to be internationally recognized. GE is not going to accept payment with a non-internationally recognized currency. So anybody receiving payment from Iraq, the Iraqi dinar must be internationally recognized to receive those payments...
Catnip's Corner:
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ARTICLE 1 (from PM Kadhimi's website; posted only on Arabic side, not on English side)
The Council of Ministers votes on the Federal Budget Law of the Republic of Iraq for the fiscal year / 2020, and refers it to the House of Representatives based on the provisions of Articles 61 / Item First and 80 / Item Two) of the Constitution
September 14, 2020
*************
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
In cooperation with culture .. Iraqi exhibitions are preparing a program to celebrate the National Day of Iraq at the Expo
9/14/2020 16:59
[Baghdad-Where]
The Iraqi Exhibitions Company (one of the Ministry of Trade formations) announced, on Monday, the preparation of a program to celebrate the National Day of the Republic of Iraq at Expo 2020 Dubai, in cooperation with the Ministry of Culture.
The general manager of the company, Sarmad Taha Saeed, said in a statement, "The Iraqi General Company for Fairs, Services and Trade discussed in a meeting with the Director General of the Department of Cultural Relations at the Ministry of Culture Falah Al-Ani the subject of the program for the celebration of the National Day of the Republic of Iraq at the Expo Dubai 2020 and listen to ideas and visions. And proposals on this topic. "
The general manager of the company added, "During the meeting, the date for the celebration of the National Day was set on 12/10/2021, which is the anniversary of the announcement of victory over terrorism and the liberation of the entire country from its filth," indicating that "the celebration program will be held in the evening period from 10/12/10." 2021, which will fall on Friday or the morning period on Saturday, and will include artistic, singing and cultural events. "
For his part, the Director General of the Department of Cultural Relations affirmed, according to the statement, "The Ministry of Culture has prepared a program for the celebration that was presented to the Special Committee of the Expo at the Ministry of Culture. The program consists of four diverse paragraphs, the first paragraph is the main paragraph that includes the opening, which will be in the form of a lyrical dancing operetta. In addition to the team that will prepare for the (back stage staff) paragraph, which includes decoration and make-up workers, preparing clothes, accessories and lighting, and the last paragraph will be the event with the greatest impact, as it contains the heritage footprint.
He explained, "The implementation of these paragraphs requires the Special Committee to review all the determinants of this celebration and the site in which it will be held, which is the Mosul Hall designated for holding ceremonies for the celebration of the National Day of the participating countries, and the necessity of identifying the entrances and exits of the hall and the facilities, advantages and technologies available in the hall and other matters that serve The offer is to ensure that it is employed in a way that best shows the activities included in the program. And the
price of al-Ani, “the efforts made by the Iraqi Exhibitions Company, headed by Sarmad Taha Saeed, General Manager of the company, to achieve a successful and effective participation of the Republic of Iraq despite all the burdens and challenges that our dear country is going through, and the need to approach all The ministries that the General Company for Iraqi Fairs is continuing the procedures for participating in the Expo 2020 Dubai, with setting the deadline by which the ministries must have made all their preparations for participation.
*************
ARTICLE 4
The Al-Kazemi government will soon overthrow "important names" and refer them to the judiciary
9/14/2020 18:25 •
[Baghdad-Where]
Ahmed Mulla Talal, a spokesman for Iraqi Prime Minister Mustafa Al-Kazemi, revealed on Monday that the government will soon remove important names and refer them to the judiciary on charges of corruption.
"The statement of the religious authority is supportive of the government, and the government is going to fight corruption," Malal Talal said in a press conference.
The supreme religious authority, Mr. Ali al-Sistani, during his meeting with the Special Representative of the Secretary-General of the United Nations in Iraq, Jeanine Hennes Blashardt, announced his support for holding early elections as scheduled (June 2021), and the completion of the government program in the application of social justice, and the prosecution of criminals, including the killers of the demonstrators and the fight against corruption. And enhancing the performance of the security forces, imposing the prestige of the state and confining weapons in its hands.
These directives were welcomed by the presidents of the republic, Barham Salih, ministers Mustafa Al-Kazemi, Parliament Muhammad Al-Halbousi, and a number of political blocs, who confirmed their support for holding early, free and fair elections.
Mulla Talal added, "Soon you may hear about the removal of important names and their referral to the judiciary as a result of corruption files."
Since its formation last May, the Al-Kazemi government has made wide-ranging changes in high-ranking positions in the country, affecting security leaders and senior officials in the administration and financial institutions.
These changes come within the framework of reforms in state institutions and the fight against corruption.
Mulla Talal indicated that "the fact-finding committee will soon be formed to find out the killers of the demonstrators," stressing that "the current government will not neglect any of the rights of citizens."
*************
ARTICLE 5
After changing the governor ... an administrative action against a high-ranking central bank official
9/14/2020 20:47 •
[Baghdad-Where]
The Deputy Governor of the Central Bank decided to grant a senior official in the bank a one-year leave.
According to an administrative order of the deputy governor of the bank, it was decided to "grant [Saleh Mahoud Salman] the Director General of the Administrative Department of this bank a one-year leave without pay, according to the rules and the civil service law."
It is noteworthy that this administrative procedure comes hours after Prime Minister Mustafa Al-Kazemi’s decision to change the governor of the Central Bank and the agency [Ali Al-Alaq] and appoint [Mustafa Ghaleb Scary Book] instead.
**************************
ARTICLE 1 (from PM Kadhimi's website; posted only on Arabic side, not on English side)
The Council of Ministers votes on the Federal Budget Law of the Republic of Iraq for the fiscal year / 2020, and refers it to the House of Representatives based on the provisions of Articles 61 / Item First and 80 / Item Two) of the Constitution
September 14, 2020
*************
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.
*************
ARTICLE 3
In cooperation with culture .. Iraqi exhibitions are preparing a program to celebrate the National Day of Iraq at the Expo
9/14/2020 16:59
[Baghdad-Where]
The Iraqi Exhibitions Company (one of the Ministry of Trade formations) announced, on Monday, the preparation of a program to celebrate the National Day of the Republic of Iraq at Expo 2020 Dubai, in cooperation with the Ministry of Culture.
The general manager of the company, Sarmad Taha Saeed, said in a statement, "The Iraqi General Company for Fairs, Services and Trade discussed in a meeting with the Director General of the Department of Cultural Relations at the Ministry of Culture Falah Al-Ani the subject of the program for the celebration of the National Day of the Republic of Iraq at the Expo Dubai 2020 and listen to ideas and visions. And proposals on this topic. "
The general manager of the company added, "During the meeting, the date for the celebration of the National Day was set on 12/10/2021, which is the anniversary of the announcement of victory over terrorism and the liberation of the entire country from its filth," indicating that "the celebration program will be held in the evening period from 10/12/10." 2021, which will fall on Friday or the morning period on Saturday, and will include artistic, singing and cultural events. "
For his part, the Director General of the Department of Cultural Relations affirmed, according to the statement, "The Ministry of Culture has prepared a program for the celebration that was presented to the Special Committee of the Expo at the Ministry of Culture. The program consists of four diverse paragraphs, the first paragraph is the main paragraph that includes the opening, which will be in the form of a lyrical dancing operetta. In addition to the team that will prepare for the (back stage staff) paragraph, which includes decoration and make-up workers, preparing clothes, accessories and lighting, and the last paragraph will be the event with the greatest impact, as it contains the heritage footprint.
He explained, "The implementation of these paragraphs requires the Special Committee to review all the determinants of this celebration and the site in which it will be held, which is the Mosul Hall designated for holding ceremonies for the celebration of the National Day of the participating countries, and the necessity of identifying the entrances and exits of the hall and the facilities, advantages and technologies available in the hall and other matters that serve The offer is to ensure that it is employed in a way that best shows the activities included in the program. And the
price of al-Ani, “the efforts made by the Iraqi Exhibitions Company, headed by Sarmad Taha Saeed, General Manager of the company, to achieve a successful and effective participation of the Republic of Iraq despite all the burdens and challenges that our dear country is going through, and the need to approach all The ministries that the General Company for Iraqi Fairs is continuing the procedures for participating in the Expo 2020 Dubai, with setting the deadline by which the ministries must have made all their preparations for participation.
*************
ARTICLE 4
The Al-Kazemi government will soon overthrow "important names" and refer them to the judiciary
9/14/2020 18:25 •
[Baghdad-Where]
Ahmed Mulla Talal, a spokesman for Iraqi Prime Minister Mustafa Al-Kazemi, revealed on Monday that the government will soon remove important names and refer them to the judiciary on charges of corruption.
"The statement of the religious authority is supportive of the government, and the government is going to fight corruption," Malal Talal said in a press conference.
The supreme religious authority, Mr. Ali al-Sistani, during his meeting with the Special Representative of the Secretary-General of the United Nations in Iraq, Jeanine Hennes Blashardt, announced his support for holding early elections as scheduled (June 2021), and the completion of the government program in the application of social justice, and the prosecution of criminals, including the killers of the demonstrators and the fight against corruption. And enhancing the performance of the security forces, imposing the prestige of the state and confining weapons in its hands.
These directives were welcomed by the presidents of the republic, Barham Salih, ministers Mustafa Al-Kazemi, Parliament Muhammad Al-Halbousi, and a number of political blocs, who confirmed their support for holding early, free and fair elections.
Mulla Talal added, "Soon you may hear about the removal of important names and their referral to the judiciary as a result of corruption files."
Since its formation last May, the Al-Kazemi government has made wide-ranging changes in high-ranking positions in the country, affecting security leaders and senior officials in the administration and financial institutions.
These changes come within the framework of reforms in state institutions and the fight against corruption.
Mulla Talal indicated that "the fact-finding committee will soon be formed to find out the killers of the demonstrators," stressing that "the current government will not neglect any of the rights of citizens."
*************
ARTICLE 5
After changing the governor ... an administrative action against a high-ranking central bank official
9/14/2020 20:47 •
[Baghdad-Where]
The Deputy Governor of the Central Bank decided to grant a senior official in the bank a one-year leave.
According to an administrative order of the deputy governor of the bank, it was decided to "grant [Saleh Mahoud Salman] the Director General of the Administrative Department of this bank a one-year leave without pay, according to the rules and the civil service law."
It is noteworthy that this administrative procedure comes hours after Prime Minister Mustafa Al-Kazemi’s decision to change the governor of the Central Bank and the agency [Ali Al-Alaq] and appoint [Mustafa Ghaleb Scary Book] instead.
*************
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