Tuesday, October 27, 2020

WOTS TUE OCT 27 2020

WOTS TUE OCT 27 2020

The approximate exchange rates of the dollar, foreign currencies and precious metals on the local markets on Tuesday, October 27, 2020, according to the monitoring of specialists.   

  

Exchange offices prices:  

The selling price is 125,500  

The purchase price of the dollar is 124,500  

approximate  



The Markets:
The Asian markets closed mixed NIK down by .04% HSI down by .53% SHANG up by .10%
The Uk markets are currently trading mostly in the red  from .27% to .96% FTSE in the green at .06%
Our markets are currently trading in the green the DOW at 27622 up by .15 % SNP at 3402 up by .27% NDX at 11541 up by .43%


Precious Metals:
Gold is red at 1900  Silver is geen at 24.43 Copper is green at 310 Platinum is green at 875
Brent 40 WTi 38

Favorite Currencies Forex Quotes

SymbolBidAskHighLowOpenChangeTime
 USD/IQD  1168.6000  1219.4000 1190.5000 1190.5000 1190.5000  -1.8000 00:02
 USD/VND  23175.0000  23178.0000 23160.7300 23153.1200 23153.1200  9.3000 01:30
 USD/CNY  6.7168  6.7188 6.7225 6.6965 6.7109  0.0058 05:17
 USD/KWD  0.3052  0.3062 0.3054 0.3052 0.3054  -0.0001 05:09
 GBP/USD  1.3023  1.3025 1.3044 1.3001 1.3024  0.0000 05:18
 USD/IRR  42000.0000  42210.0000 43011.9000 43011.9000 43011.9000  -43.1000 04:44
 USD/IDR  14667.0000  14671.0000 14696.0000 14632.0000 14663.0000  7.0000 05:17

STOCKS SLUMP: DOW -650...


Iraqi Articles:

Oil prices are rising after recent sharp losses

link

Oil prices rose, Thursday, after severe recent losses, but market sentiment remains weak, as the high incidence of Covid-19 hurts the prospects for fuel demand while supplies rise.

By 06:51 GMT, Brent crude was up 1%, at $ 40.88 a barrel.
While US crude rose by 1%, too, to $ 38.93 a barrel. The two benchmarks fell more than 3% on Monday.
The lack of progress on agreeing on a package to mitigate the repercussions of the Corona virus in the United States has been added to the gloomy atmosphere in the market, although Nancy Pelosi, the Speaker of the US House of Representatives, said on Monday that she hopes that an agreement can be reached before the date of the US presidential elections.
A wave of Coronavirus infections is sweeping across the United States, Russia, France and many other countries, undermining expectations of the global economy, with record numbers of new cases forcing some countries to impose new restrictions as winter approaches.
“We believe demand from now on will really struggle to grow,” said Vivek Dahar, commodities analyst at Bank of Australia. The restrictions of Covid-19 are all part of that. ”The
bank expects US oil to reach an average of $ 38, and for Brent to average $ 41 in the last quarter of this year.
Prices have received some support from a possible drop in US production, as it began Oil companies close offshore platforms as a hurricane approaches the Gulf of Mexico.

The agenda of the parliament session today, with 17 paragraphs

link

they were arabic documents I was able to translate

Sal schedule Session No. (15) Tuesday 8 / October 2020 Reading verses of the Holy Quran First: Completion of electoral districts for the Iraqi Parliament election law. 

Second: The vote on the draft law ratifying the agreement to avoid double taxation and prevent evasion from paying taxes on income and public capital between the government of the Republic of Iraq and the government of Hungary.  (Committee on Foreign Relations).  (۲ material). 
Third: To vote on a bill ratifying an agreement regarding the establishment of the Global Drylands Alliance.  (Committee on Foreign Relations).  (۲ material).


.Fourth: The vote on a bill for the accession of the Republic of Iraq to the Convention for the Protection and Use of Transboundary Watercourses and International Lakes - Helsinki 18.  (Committee on Foreign Relations).  (۲ material). 
Fifth: To vote on a proposed law to amend the Police College Law No. (2) for the year 2000.  Security and Defense Committee).  (۲ material). 
Sixth: The report and discussion of the second sublime reading of the draft law ratifying the amendments that were made in the years 18 and 2009 to the agreement establishing the World Intellectual Property Organization (WIPO) signed in Stockholm in 1967. (Foreign Relations Committee).  

Seventh: Report and discussion of the second reading) The draft law on the accession of the Republic of Iraq to a protocol on preparedness, response and cooperation in the field of pollution of dangerous and harmful substances in the year 2000.  (Committee on Foreign Relations).  (۲ material). 
Eighth: Report and discussion of the second reading) The draft law on the accession of the Republic of Iraq to the International Convention on Container Safety for the year 18.  (The Foreign Relations Committee. (Article) ..
Ninth: Report and discussion of the second reading) Draft law on the accession of the Republic of Iraq to the International Hydrographic Organization Convention, as amended.  (Committee on Foreign Relations).  (۲ material). 
Tenth: The first reading of the draft law on the accession of the Republic of Iraq to the International Convention on Civil Liability for Damage to Oil Pollution from Ships in 2001.  (Committee on Foreign Relations).  (۲ material). 
Eleventh: The first reading of the draft law on the accession of the Republic of Iraq to the International Convention on the control of ship systems resistant to sticking and harmful effects of 2001.  (Committee on Foreign Relations).  (۲ material).  

Twelfth: The first reading of the draft law on the accession of the Republic of Iraq to the Protocol for the Suppression of Unlawful Acts against the Safety of Fixed Platforms located on the Continental Shelf for the year 18.  (Committee on Foreign Relations).  (۲ material). 
Thirteenth: The first reading of the draft law ratifying the agreement on avoiding double taxation with regard to taxes imposed on income and preventing tax evasion between the government of the Republic of Iraq and the government of the Kingdom of the Netherlands.  (Committee on Foreign Relations).  (۲ material). 
Fourteenth: The first reading of the draft law amending the law on the accession of the Republic of Iraq to the International Convention on Road Traffic for the year 1968 and the European Agreement supplementing it for the year 2006 No. (20) for the year 2010.  (Committee on Foreign Relations).  (۲ material).  Presidency of the House of Representatives 

Fifteenth: First reading of the proposed FAO Authority Law.  (The Economic and Investment Committee).  (12 articles). 
Sixteenth: The first reading of the proposed Law of the First Amendment to the Reform of Inmates and Depositors Law No. (14) for the year 2018.  (Human Rights Committee).  (۲ material). 
Seventeenth: Discussions (15 minutes. Si

Parliamentary Finance warns of an economic setback due to the government's borrowing policy

link

The Parliamentary Finance Committee warned, on Monday, of an economic setback in Iraq , while it called for reducing the amount of government borrowing to cover the salaries of employees, retirees and social care only.

A member of the Finance Committee, Siham Al-Aqili, said to / the information / that "the amount provided for the government loan is exaggerated, an increase in expenditures, and is devoid of attempts to rationalize spending."

He added that "walking the amount of the government loan and the approach of borrowing without solutions will push Iraq to a long-term economic setback," calling for "rationalizing the amount of the loan and reducing it significantly."

Al-Aqili explained that "the Finance Committee and other committees in the House of Representatives are working to reduce the amount of the loan to some extent that secures the salaries of employees and retirees, social care and the urgent needs."

The Parliamentary Finance Committee confirmed last Saturday that it will open an investigation into the doors of disbursing the previous loan and the state's incoming before approving the loan provided by the government.

New comment from the US Secretary of State on Iraq

link

On Tuesday, US Secretary of State Mike Pompeo warned of the continuing threats of ISIS, a year after the death of its leader Abu Bakr al-Baghdadi, while stressing the need to continue pressure on the organization in Iraq and Syria.  

US Secretary of State Mike Pompeo said in a statement to "People" (October 27, 2020), "A full year has passed since the killing of Al-Baghdadi, and while we celebrate this important achievement in the war against ISIS, the work of the international coalition (led by the states) is still far from accomplished. It is imperative that we continue to put pressure on ISIS remnants in Iraq and Syria, and continue to strengthen our collective efforts to defeat ISIS cells and networks around the world. "  

On October 27, 2019, US President Donald Trump announced that Al-Baghdadi had been eliminated during a special operation in Idlib Governorate, northern Syria. 


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 $ 184,350,000. 

  including   $ 22,100,000. CASH 

ISX Update:   

www.isx-iq.net/

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

https://www.dinarguru.com/
10-26-2020   Newshound Guru Pimpy  I notice that there are people that are getting restless and these people are the new people.  What I meant by that is they haven't been holding the Iraqi dinar for about a year and they're complaining already.  I tell you there's people that's been in this game for 15, 16 years all right.  You can't get frustrated.  All you can do is keep an eye on it.  There's been more positive news IMO in 2020 than we've seen in a long time that I could remember...stay positive.  There are some other good news coming.  I'm anticipating that going to happen this week...

10-26-2020   Newshound Guru Pimpy   ...I want to make a point about the Iraqi dinar.  Once these nations all sign these agreements (peace agreements) there's these new trade agreements that are coming BTW in which they can all do business with one another.  This will bring a lot of business very quickly into Iraq as well as surrounding nations there but especially in Iraq.  Iraq is the hub into the Middle East...Other countries are going to be investing money into rebuilding Iraq.  It's starting from scratch.  This is going to bring a lot of jobs there.  This is great news for both short term and long term when it comes to Iraqi dinar...

10-26-2020   Newshound Guru Pimpy  Article:  "Al-Kazemi spokesman: More than 25 officials are behind bars"  Al-Kazemi is no joke.  When he is draining the Iraqi swamp he is draining the swamp...quote "25 officials in addition to the corrupt whales [Super wealthy individuals] are under bars and under investigation during the first 2 months of al-Kazemi's government."  This is what I'm talking about man.   Making these kinds of moves.  Let's show the world that you're capable of handling the corruption.  I love this news...this is gonna look really good in the eyes of the international community...Al-Kazemi...seems to be the man of the people and I love to see that...

10-26-2020   Intel Guru MarkZ   [via PDK]   It was an exceptionally quiet weekend with very little news…especially on the banking front.  In Iraq this morning...no measurable movement.  [Looking like RV after the election!]  I am starting to feel that way. I was expecting a whole lot to happen this weekend that did not. Seven days and 14 hours until election day.  If I hear anything worth sharing I will...but, at this point I am not anticipating anything earth shattering.

10-26-2020   Newshound Guru MilitiaMan    Article:  "Parliamentary Finance confirms the government's printing of new currencies without financial cover and describes the act as "dangerous"   ...we see they speak if printing currency with out "cover".  Well "cover" to me may mean a new rate is needed now, as the CBI has not exposed it yet. They printed new notes, not larger triple zero notes...  


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 the Russian President's Special Envoy

The Prime Minister, Mr. Mustafa Al-Kazemi, received today, Monday, the Special Envoy of the President of the Russian Federation, Mr. Alexander Lavrentiev, accompanied by the Head of the National Center for Administration of the Affairs of the Russian Ministry of Defense, Lieutenant General Mikhail Mezentsev.
 
The special envoy conveyed the greetings of Russian President Vladimir Putin to Mr. Kazemi, and the Russian leadership looks forward to the best relations between the two countries.
 
His Excellency discussed with the Russian envoy the bilateral relations between Baghdad and Moscow, enhancing joint cooperation at various levels, as well as discussing ways of cooperation in the field of achieving stability at the regional level, according to policies based on wisdom and dialogue.
 
During the meeting, they also discussed strengthening joint cooperation in the field of combating terrorism represented by ISIS terrorist gangs, as well as discussing cooperation at the regional and international levels in the field of facilitating the return of displaced persons and refugees to their areas of residence, and creating appropriate climates that prevent the return and spread of extremist ideas. .
 
The Prime Minister, Mr. Mustafa Al-Kazemi, assured the Russian envoy that the ambition in the level of relations between Iraq and the Russian Federation is greater than the current reality of it, and expressed his aspiration to strengthen and develop bilateral relations between the two countries, and to exchange visits, despite the limitations currently imposed by the pandemic Corona.
 
Media Office of the Prime Minister
26-Oct-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: The majority of the peaceful demonstrators have proven their commitment and patriotism

 10/26/2020 13:58 • 
[Baghdad-Where]
Prime Minister Mustafa Al-Kazemi confirmed, on Monday, that the majority of the peaceful demonstrators have proven their commitment and patriotism.
Al-Kazemi said, in a tweet on the "Twitter" platform, "The Baghdad demonstrations were a peaceful remembrance of the October events. The majority of the peaceful demonstrators demonstrated their commitment and patriotism."
"There were some transgressors against our heroic security forces, who showed the highest levels of restraint and commitment and made sacrifices," Al-Kazemi added.
He added, "These events should be lessons for all of us, and our unity is hope."
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ARTICLE 4

Parliamentary planning: The government does not have a vision to manage the financial situation

Editing date: 10/26/2020 19:31 • 77 times read
[Baghdad-Where] The Committee for Planning and Monitoring the Implementation of the Parliamentary Government Program accused the federal government of not having a true vision for managing the financial situation in the country.

Committee member Mohammed Al-Baldawi said in a statement. "The government relies on borrowing to solve the country's financial crisis, and this is not true, as it will submit a law for borrowing every three months," pointing out that "the government has not invested any non-oil resources such as taxes and border crossings, as well as not investing money from selling oil internally."

He added, "The borrowing law exaggerates the size of the required sums and the government has not presented its vision in the law yet," noting that "the government does not have a real vision for managing the country's financial situation."

Today, Monday, the Parliamentary Economic Committee ruled out passing the fiscal deficit financing law submitted by the government during today's session.

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ARTICLE 5

Amazing discovery in the southern half of the moon

Editing date: 10/26/2020 21:41 • 89 times read
[Follow-up] The US Space Administration "NASA" announced, on Monday, for the first time the presence of water on the luminous surface of the moon, in an amazing discovery that will have implications for any future mission that goes to the moon.
According to a press release, this discovery was confirmed by the Stratosphere Observatory for Infrared Astronomy, which is known by the acronym "Sophia", and the results of his findings were published in the scientific journal "Nature Astronomy".
The Sophia Observatory discovered the presence of water particles in the largest crater that can be seen from Earth, which is in the southern half of the moon.
Previous discoveries were able to detect the presence of a form of hydrogen, as the presence of water was determined accurately and in different concentrations, within a range of one cubic meter of soil on the surface of the moon.
Paul Hertz, director of the Astrophysics Department at NASA headquarters, said: "We have had indications that the water in its composition that we know exists in the region that the sun shines on the surface of the moon."
He noted that this new discovery will raise many questions about what we know about the moon's surface.
The NASA statement indicated that the new discovery means rethinking how water is formed and continues to exist on the surface of the moon devoid of air.

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