Wednesday, September 2, 2020

WOTS WED SEP 2 2020

 WOTS WED SEP 2 2020


Shafq News / The dollar's exchange rate rose in Baghdad markets, while it stabilized in Kurdistan on Wednesday, September 2, 2020.

According to a reporter of The Shafq News Agency, the Central Struggle Stock Exchange in Baghdad recorded, today, 122,900 Iraqi dinars compared to 100 U.S. dollars, and the Al-Harithiya Stock Exchange in Baghdad recorded 122,900 dinars for 100 dollars.

The dollar's exchange rate on The Struggle Exchange on Tuesday was 122,800,000 dinars per 100 U.S. dollars.

Our correspondent pointed out that the selling prices in the banking shops in the local markets in Baghdad did not change to 123,500 Iraqi dinars, while the purchase price was 122,500 dinars per 100 U.S. dollars.

In Erbil, the capital of Kurdistan province, the dollar price stabilized, with a selling price of 123,200 per 100 dollars, and a purchase of 123,000 per 100 U.S. dollars.






The Markets:    US FUtures extend Advance
The Asian markes closed mixed NIK up  by .47% HSI down by .26%  SHANG down by .17%
The UK markets are currently trading in the green   from .1.71%to 2.41%
Our fuues are currently trading   the DOW at  28816 up by .68% SNP at 3551 up by .70% NDX at 12445 up by 1.08%

Precious Metals:

Gold is red at 1968 Silver is red at28.19  Copper is green at 303   PLatinun is red  at 942 
Brent 45  WTi 43

Favorite Currencies Forex Quotes

SymbolBidAskHighLowOpenChangeTime
 USD/IQD  1176.6000  1227.0000 1192.2000 1192.2000 1192.2000  0.5000 06:07
 USD/VND  23174.0000  23175.0000 23157.4800 23136.9800 23136.9800  10.0700 16:00
 USD/CNY  6.8211  6.8231 6.8353 6.8211 6.8273  -0.0062 05:23
 USD/KWD  0.3050  0.3060 0.3050 0.3049 0.3049  0.0000 04:59
 GBP/USD  1.3358  1.3359 1.3401 1.3325 1.3382  -0.0025 05:23
 USD/IRR  42000.0000  42210.0000 43011.9000 43011.9000 43011.9000  -43.1000 04:44
 USD/IDR  14787.0000  14787.0000 14799.0000 14451.0000 14722.0000  67.0000 05:21


Things in the News:


Iraqi Articles:

European Union: $ 617 million worth of programs we are working on with Iraq

link

The Ambassador of the European Union to Iraq, Martin Houth, announced that the European Union has 69 programs currently operating in Iraq, worth 617 million dollars.

Hoth said, the European Union is actively involved in cooperating with Iraq in 69 programs currently, with a total amount of 617 million euros, adding that these programs move according to our common main interests to maintain stability and rebuild the social contract between citizens and institutions, in order to achieve these strategic goals.

He noted that the programs focus on European development cooperation with Iraq on ensuring sustainable improvements in democratic governance and institution building, recovering from "ISIS", valuing human capital, developing the economy and creating job opportunities, and among other important aspects of the European Union's participation is sending a large civil advisory mission EUAM To Iraq to help repair.

Iraq: We seek to exempt us from the OPEC agreement to reduce oil exports next year

link


Iraqi Oil Minister Ihsan Abdul-Jabbar said that the country is seeking an exemption from the OPEC + agreement to restrict oil production during the first quarter of 2021, but it will commit to reducing during the next three months.

The minister said that he had spoken about the exemption with OPEC oil ministers during three separate meetings, according to the statements carried by the official Iraqi News Agency.

"The minister revealed that there are efforts to exempt Iraq from the agreement to reduce export quantities in OPEC, as all producers of the organization were approached in three successive meetings," the agency said.

Last month, Abdul-Jabbar said that Iraq would cut production by an additional 400,000 barrels per day in August and September to compensate for exceeding the production quota in the previous three months. This is in addition to his pledge to cut 850,000 barrels in August and September under the OPEC + supply deal.

At the time, he stated in a joint statement with his Saudi counterpart that Iraq was firmly committed to the OPEC + agreement and would achieve 100% compliance by August.

In August, Iraq's total exports averaged 2.6 million barrels per day, the Oil Ministry announced on Tuesday, down from 2.763 million barrels per day in July. The ministry stated that the average Iraqi exports from Kirkuk via Ceyhan amounted to 97 thousand barrels per day in August, and the average price of crude was 43.70 dollars a barrel.

  Economic agreements signed by Al-Kadhimi and Madbouli in Baghdad
link

The Iraqi and Egyptian sides are intensifying their bilateral meetings in preparation for the joint high commission between the two countries in the near future, which is scheduled to be held in Baghdad between Prime Minister Mustafa Al-Kadhimi and his Egyptian counterpart Mustafa Madbouli in the next few years. Iraq's ambassador to Cairo and his permanent representative to the Arab League, Ahmed Nayef al-Dulaimi, said during his meeting with Minister of Planning and Economic Development Hala al-Saeed: Iraq has now become an attractive arena for companies and foreign investments after achieving victory over isis terrorist gangs and its security stability and political openness to its regional and international surroundings, stressing the importance of the compatibility of the strategy of cooperation between the two brotherly countries, explaining that coordination is now being made with Baghdad to study the draft agreements and memorandums of understanding proposed by the Egyptian side, to reach the final date of the meeting of the high committee scheduled in Baghdad.

Ambassador Al-Dulaimi praised the ministry's successes and efforts to transform Egypt into an important regional investment center in the region covering many economic sectors, as well as its role in the existence of an ambitious Egyptian vision for 2030.

Egypt is one of the first countries in the region to adopt a long-term vision and plan for sustainable development, and Iraq seeks to have fruitful cooperation between the two countries, and to meet the aspirations of the two peoples in developing cooperation projects, sharing experiences and sharing experiences, which are large and diverse areas of cooperation, which contribute to enhancing the economic and development reality in both countries.
For its part, Al-Saeed stressed the Egyptian government's keenness to convene the committee as soon as possible, as the Joint Committee is one of the most important mechanisms to activate cooperation between the two countries in many areas, expressing its aspiration to witness the coming period, strengthening and upgrading relations between Iraq and Egypt, and opening new horizons for it.
The minister stressed the importance of strategic cooperation between the two brotherly countries, which aims to increase the areas of mutual cooperation and exchange of experiences in various investment sectors.  




CBI, ISX,Dinar Guru:

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

The CBI for rate is 1190.

The currency auction total sales amount $ 0.  no update yet

  including   $ 0. no update yet

ISX Update:   

www.isx-iq.net/

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

https://www.dinarguru.com/

9-2-2020   Newshound Guru Militiaman  ...the United States Treasury...is using the language of 'global currency reset' arriving with the QFS.  Whether or not it's all at once it doesn't say that.  It just says that it's arrival is because of the QFS...that's why I've found that the most powerful thing I've seen because we all thought it [Global Currency Reset] was mythology.  No body took it terribly seriously because the phrase in and of itself was not given out by the IMF or the World Bank or anybody until now...how many counties come out and do something in respect to this at one time is to be determined but one of the main feelers is the Iraqi dinar is the lead in with the QFS...
9-1-2020   Newshound Guru Jeff   Article:  "Alliance of Forces: An effective return to Iraq internationally needs a comprehensive political consensus with great popular support"  They're telling you for Iraq to go international they have to have political stability...to achieve political stability Kurdistan and Baghdad have to reach and sign that comprehensive agreement...going international also means changing the rate...

9-1-2020   Newshound Guru tlm724 
   [Long time no see...welcome back]   Article:  "Statement Of The Parliamentary Economic And Investment Committee Regarding Stopping Cooperation With The National Investment Authority"   Quote:  "Honorable Prime Minister, ministers, supervisory departments and relevant institutions...We call on you to stop cooperation with the National Investment Commission in all forms, and hold you responsible and legal consequences for wasting public money, and we call on the Prime Minister to refer the Authority’s Chairman, Window Manager and Legal Department Director to the investigation and withdraw their hand until the investigation ends."    This is huge and depending on how the Prime Minister responds it can make a serious dent in corruption!

9-1-2020   Newshound/Intel Guru Mnt Goat   Article quotes: "The GROUPS THAT BELIEVE THAT THEY ARE ABOVE THE LAW WILL SOON WITNESS SERIOUS MOVEMENTS BY OUR SECURITY FORCES," ;  "In the past, there were concerted efforts to reduce and corrupt the state security forces, but we are now working to reconfigure these forces and cleanse them of all the corrupt elements, and this will take time, but we will hold these people accountable for the crimes they committed,"   we have been waiting for good news like this from a leader of Iraq for a long time. Yes, we heard it from lots of people in the past but not from a prime minister. I like al-Kazemi and his thinking. It is so honest and truthful. I also want to point out he is talking AGAIN about routing out these Iranian militias. WOW! It is about time! This is going to get the security they need for the reinstatement and to rebuild the economy and country. Its all moving in the right direction now and that is what matters.

9-1-2020   Intel Guru MarkZ   [via PDK]   I am still hearing things will start end of this week and we will all have an awesome Labor Day Weekend. I’m just worried that too many people are in agreement. I always expected this to go like a thief in the night…My sources...expect our shotgun start to happen post Labor Day at the start of the banking week.  Still waiting for updates from Iraq and Dubai today. Hopefuly they are hearing the same things...it’s almost spooky that I am hearing the same story out of Asia, Europe and all around the globe right now on timing…This has me a little nervous that too many people agree on the timing…and things appear to be positioning this way as well…We have always been expecting it to happen between 11 pm and 2 am based on US Eastern time. That has always been the plan we were told.

9-1-2020   Intel Guru Delta   ...the Central Bank of Iraq they basically did freeze the assets of 9 people.  One of them was the son-in-law of Maliki.  IMO that was very huge because for you to get Maliki's son-in-law, that gives you an indication that he does not have the same influence that he used to have before.  This is great news for us.  Some of you are asking why not Maliki?  His turn is probably gonna come in but we don't know how long...it's very possible they waited to reinstate the currency, do the reforms...it looks like they wanted to take care of business first.  Which is find the corruption first. IMO this was very very significant there...

9-1-2020   Intel Guru Frank26  ...we are looking for the CBI to release an article with step by step paragraphs explaining what Kazemi has accomplished with the CBI which in reality is what he's accomplished with President Trump.  I'm looking for that article...when that article comes out it's very blatant, obvious that there is a rate change coming...

9-1-2020   Newshound/Intel Guru Mnt Goat   So, are we waiting for the QFS to see the IQD reinstatementFolks the QFS is here already and so we know the Iraq dinar has not been reinstated already. However, I hear that we were waiting for the timeline (targeted date) for the implementation of the Iraq in the QFS and it is coming very shortly. ...Countries are set to finally begin rolling into the QFS beginning this month of September 2020...The US is expected to target a September 9 or 10th implementation to the QFS. Iraq will probably follow in January 2021 (as I am hearing from the CBI)...the Vietnam Dong revaluation is dependent on China and it willingness to go along with the plan.  [post 2 of 2]

9-1-2020   Newshound/Intel Guru Mnt Goat   Welcome to September and still no RV...I have told everyone not to expect it until the CBI gives us indication of working on the project to “delete the zeros”. It is ONLY through this project that the inevitable REINSTATEMENT of the dinar on the global currency exchanges can happen. ...I also know that this timing is being tied to the rollout of the new Quantum Financial System or QFS...which is an advanced financial system launched to eradicate the corruption and the  monopoly on the global monetary system and for that purpose, a computer system was developed in the early part of the new millennium comprised of Artificial Intelligence and complex computer programs fully backed by the IMF and regulatory agencies. [post 1 of 2....stay tuned]

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 presides over a regular cabinet session

Today, Tuesday, the Council of Ministers held a regular session chaired by the Prime Minister, Mr. Mustafa Al-Kazemi, during which a number of issues were discussed, in addition to the topics included in the session's agenda.

At the beginning of the session, Mr. Al-Kazemi touched on the government's basic duties in serving the citizen and controlling order, and indicated that there are parties who subsist on chaos, but the government is determined to work by force of law to restore the prestige of the state and raise the morale of the security services that have suffered some breakage in the past period.

His Excellency indicated that the government has plans to implement operations that would restore the prestige of the state and impose the law, in order to achieve security and stability throughout the country.

Mr. Al-Kazemi reiterated his emphasis on all ministers by listening to the legitimate demands of the demonstrators and taking quick measures regarding them, while clearing public opinion about the difficult challenges facing the country at the current stage, and the governmental efforts made to confront them.

The Prime Minister stressed that bureaucratic practices and red tape should not be allowed to obstruct the government's plans, referring to the important decisions issued by the Council of Ministers relating to the implementation of various projects that serve citizens, and directed the concerned ministers to follow them on an ongoing basis and to submit reports on the progress of work and the rates of achievement in them.

The Minister of Health and Environment reviewed the latest developments in the Corona pandemic in Iraq, and the government efforts to provide integrated medical services to the injured, while awareness campaigns continue to adhere to preventive measures to avoid infection with Corona virus, and he urged citizens to adhere to them.

The Minister of Electricity also made a presentation on the electric power system, the level of production and distribution lines, and the ministry’s efforts to improve the level of electric energy services provided to citizens, while reviewing the most important problems and obstacles facing the work of the ministry and procedures to overcome them.

The Council of Ministers discussed the topics on the agenda, and issued a number of decisions regarding them:

First / Excluding the appointment of doctors from the Cabinet Resolution (92 of 2020), by amending the paragraph contained in the recommendations of the Ministerial Committee that was composed of Cabinet Resolution (73 of 2020).

Second / Approval of the following:
1- Transferring the contract for contract and wage employees in the Ministry of Electricity from the investment budget to the operational budget.
2- The dues referred to in paragraph (1) above from the electricity wages owed by the ministries and departments of the state financed centrally for the previous years shall be disbursed at a rate of 1/12 of the actual disbursement for the year 2019, according to the accompanying list of linking the Ministry of Electricity letter number: 28316 dated 31 / 8/2020, which represents salaries for part of the year / 2019 until 6/30/2020.
3- The Ministry of Finance allocates the amount of debts owed by ministries and state departments to the central government category, at a rate of 1/12 of the actual disbursement for the year 2019, for the purpose of covering the entire salary dues for contracts, according to the lists that will be sent to the Ministry of Finance in succession.

Third / The Cabinet approved:
1- The Iraqi Trade Bank opened a confirmed and postponed documentary letter of credit for a period of (12) months for the full amount of the two contracts (75,518,675 euros for cooling systems) and (382,215,000 euros for setting up quick-fix units 9- Wasit gas), and by submitting a guarantor from the Ministry of Finance.
2- Update paragraphs (1) and (2) of Cabinet Resolution No. (32) for the year 2020 in order to include the terms and conditions agreed upon according to what was stated in the Ministry of Electricity letter No. 28265 dated 8/31/2020, for the purpose of signing the loan and compensation agreement Letter of guarantee of documentary credit upon maturity.
3- Agreeing to authorize the Minister of Finance to have the power to sign according to the conditions mentioned in the Ministry of Finance letter 4664 of 9/1/2020.

Fourth / Approval of the recommendations of the consultative meeting concerned with setting controls on the import of motorcycles, taking into account the opinion of the General Secretariat of the Council of Ministers, confirmed by the memorandum of the Legal Department of the number: MD / Q / 2/1/173 LQ, dated 10 / 8/2020.

Fifth: Approval of the recommendation of the Ministerial Council for Energy (25 of 2020) regarding the approval of the Ministry of Oil to proceed with the procedures for signing the Agreement Facility and Subordiation Deed, which is notified linking the Ministry of Oil’s book number F / 270, dated 16 / 8/2020.


Sixth: Approval of the Ministerial Council for Energy's recommendation (24 of 2020) regarding approval of what was stated in paragraphs (5 and 6) of the appendix to the contract concluded between the South Gas Company and (BH-GE), regarding the Nasiriyah and Al Gharraf gas fields project.

Seventh /
1 - Choosing the date of the independence of Iraq and the salvation of the British Mandate on the third of October 1932 a suitable and appropriate date that is celebrated annually as a national day for Iraq.
2 - The legal department in the General Secretariat of the Council of Ministers prepares a special draft law on (the National Day of the Republic of Iraq), which is separate and independent from the law on official holidays.
3 - Refer the draft law on the National Day of the Republic of Iraq to the Council of Representatives based on the provisions of Articles 61 / Clause First and 80 / Clause Two) of the Constitution.

Also in the context of the session, the Prime Minister, Mr. Mustafa Al-Kazemi, directed the following:
1- The ministers of finance, trade and agriculture and the advisor to the prime minister, to find an urgent solution to ensure the transfer of farmers' dues in exchange for the crops received by the ministries of commerce and agriculture during the year 2020.
2- Recommendations are submitted to the Prime Minister within a week, including a mechanism for completing the payment of all dues before the end of 2020.

Media Office of the Prime Minister
1-Sep-2020

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ARTICLE 2 (from Government of Iraq twitter account)

PM Adviser: And while there has been a decline in the infection rate compared to the recovery rate, vigilance and following preventive measures remain the most effective tool to combat the #Covid19 pandemic.
PM Adviser: The Ministry of Health has imported all the necessary drugs approved by
@WHO in the treatment protocols for #Covid19.
PM Adviser: The government seeks to implement several economic and social initiatives but their implementation is affected by deep-rooted bureaucratic practices and red tape. We are working to find solutions and remove these obstacles.
PM Adviser: Restoring the authority of the state is a fundamental issue for this government; weakening the state is harmful to all of us, especially to protestors.
PM Adviser: We seek to address and meet the demands of peaceful protesters through dialogue; but there are those who seek chaos. The @IraqiGovt
will not allow attacks on public and private property.
PM Adviser: We will welcome to Baghdad tomorrow the President of France
@EmmanuelMacron. France is a partner and a friend of Iraq, and supported the Iraqi armed forces in the war against Daesh.
PM @MAKadhimi’s Adviser, Dr. Hisham Dawood holds a press conference in Baghdad to brief the media on domestic developments.
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ARTICLE 3

The president of the Kurdistan region arrives in Baghdad

01/09/2020 20:40 •
[Baghdad-Where]
The President of the Kurdistan Region, Nechirvan Barzani, arrived in the capital, Baghdad, Tuesday evening.
The visit comes to meet French President Emmanuel Macron, who will visit the capital, Baghdad, tomorrow.
And the Presidency of the Iraqi Republic announced today that the French President will visit the country tomorrow, Wednesday, from Lebanon, which he is currently visiting. This is Macron's first visit to the country, and it takes one day after his visit to Beirut.
A source in the Iraqi government told AFP that President Macron "will meet the prime minister and the Iraqi president, and it is hoped that he will hold talks with active politicians."
According to Iraqi sources, the visit will focus on Iraqi "sovereignty", in light of Baghdad's insistence on walking on an independent path away from the regional confrontation, and this reflects France's message that its Foreign Minister Jean-Yves Le Drian carried upon his visit to Baghdad last July, that Baghdad should "take notice." Herself on regional tensions. "
According to sources, from the Iraqi Kurdish leaders and leaders will meet Macron in Baghdad, as the French President will not stop in Erbil, as did most foreign officials who visit
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ARTICLE 4

Al-Kazemi government ousts a new security chief from his post

01/09/2020 22:29 • 
[Baghdad-Where]
A security source revealed, on Tuesday, that the government of Prime Minister Mustafa Al-Kazemi removed a security commander from his post in the south of the country.
The source said.
It was not immediately clear the reasons for the dismissal.
Since its formation last May, the Al-Kazemi government has undergone wide changes at the level of security leaders in an effort to reform the security system, which has faced widespread criticism during its handling of popular protests against the ruling political elite.

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ARTICLE 5

How do we protect our eyes from the danger of radiation from phone screens?

01/09/2020 21:28 s
[Follow_Wine]
Smartphones have become an essential means for many today to communicate with others, browse the Internet, and do many work-related tasks, but these devices sometimes have harmful effects on health.
On this topic, the Russian ophthalmologist and specialist Marina Tsarigurdtseva said: “The blue light emitted from cell phone screens is harmful to the eyes and its safety, and this color, which is considered one of the colors of the spectrum, possesses different light waves ranging between violet and blue waves.”

To reduce the harmful effects on eye health when prolonged use of smartphones, the doctor recommends wearing special medical glasses, such as those used by those who sit for long hours behind computer screens, as the lenses of these glasses protect the eyes from the risk of blue and ultraviolet rays emitted from the screens.

Tsarigurdtseva indicated that phone users can also rely on some special applications that control the rate of screen brightness while using phones, such as those that adjust the brightness according to the rate of lighting in the place where the phone is used.

Among the important advice that must be followed according to the doctor is the use of moisturizing eye drops when exposed to the rays of the screens for long periods, and making sure to take breaks during work that requires sitting for hours behind computer screens.

Tsarigurdtseva explained that "prolonged exposure to blue rays emitted from screens affects the production of the hormone melatonin, which in turn affects sleep, so it is advised not to use phones two or three hours before bedtime."

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