WOTS FRI NOV 6 2020
The Independent Press Agency publishes the exchange rates of the dollar and some currencies, as well as precious metals and oil in the local markets on Friday (November 6, 2020), according to the monitoring of specialists.
Exchange offices prices:
The sale price of the dollar is 125,500
The purchase price of the dollar is 124,500
approximate
The Markets:
The Asian markets closed up NIK by.91% HSI up by .07% SHANG by .%
The UK markets are currently trading in the red from .13% to .86%
Our markets are currently trading the red the DOW at 28160 by .48% SNP at 3481 by .66% NDX at 11960 by .96%
Precious Metals:
Gold is green at 1956 Silver is green at 25.91 Copper is green at 316 Platinum is green at 906
Brent 40 Wi 38
Favorite Currencies Forex Quotes
| Symbol | Bid | Ask | High | Low | Open | Change | Time |
|---|---|---|---|---|---|---|---|
| USD/IQD |  1188.0000 |  1196.0000 | 1191.6000 | 1191.6000 | 1191.6000 | -0.3000 | 00:12 |
| USD/VND | 23176.0000 | 23177.0000 | 22948.8400 | 22716.8000 | 22716.8000 | 251.5500 | 01:30 |
| USD/CNY | 6.6082 | 6.6102 | 6.6354 | 6.6048 | 6.6054 | 0.0043 | 05:12 |
| USD/KWD | 0.3049 | 0.3059 | 0.3055 | 0.3051 | 0.3055 | -0.0004 | 05:00 |
| GBP/USD |  1.3149 | 1.3151 | 1.3156 | 1.3101 | 1.3144 | 0.0003 | 05:14 |
| USD/IRR | 42000.0000 | 42210.0000 | 43011.9000 | 43011.9000 | 43011.9000 | -43.1000 | 04:44 |
| USD/IDR | 14211.0000 | 14252.0000 | 14378.0000 | 14211.0000 | 14276.0000 | -47.0000 | 05:13 |
Things in the News:
Iraqi Articles:
Borrowing law is at risk and may be rejected outright
The Ministry of Finance deepened the confusion again in parliamentary and popular circles, when it disbursed the salaries of retirees after a delay of days, despite its statement that the funds were not available more than once, to repeat the previous scenario in the month of September when the Ministry of Finance suddenly released the salaries of employees when Parliament was late to pass the borrowing law.
A member of the Finance Committee, Abdul-Mahdi Saadawi, said in press statements, "The government announced that it was unable to release salaries without a loan last month and suddenly launched them without a loan. Today, the same scenario is repeated, and after a delay of several days, the salaries of retirees are released."
He added, "These steps play with the citizen's sustenance and reflects the extent of the confusion in the government's financial policy and the lack of transparency in its dealings, which calls for Parliament to stand up to the real reasons behind the delay in launching salaries if the funds are available."
For his part, a member of the Parliamentary Economy and Investment Committee, Representative Yahya Al-Ithawi, said that "next Saturday's session of Parliament will be the second reading of the borrowing law and not a vote on it." .
And that "the Finance Committee will take the opinions and proposals of MPs and are included in the law," while noting that "it is possible to restore the government borrowing law."
The deputy from the Alliance of Sairun Mudhar Al-Azirjawi considered that there are suspicious sums and gains that the government seeks to pass in the borrowing law, pointing out that the government holds Parliament responsible for these sums and is pressing for the passage of the law.
Al-Azirjawi said, "The government spokesman, during his meeting and traveling with the Minister of Finance, confirmed that salaries are secured for the end of this year, but there is a major targeting of the House of Representatives by the government by holding him responsible for the delay in paying salaries."
He added that "there are suspicious gains and benefits that the government is seeking to obtain through the passage of the borrowing law, which the parliament called for a vote on."
And that "the government is pressing the House of Representatives to vote on borrowing large sums, at a time when the government has the sums it needs to pay to employees without the need for such a large loan."
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. Friday
The currency auction total sales amount $ 0. Friday
including $ 0. CASH
ISX Update: Shares Traded: not updated for todayValue Traded: not updated for today
including $ 0. CASH
ISX Update:
Shares Traded: not updated for today
Value Traded: not updated for today
https://www.dinarguru.com/
1-6-2020 Newshound Guru Pimpy ...Yes there was another report out by Bloomberg - if they don't do something here soon Iraq is about to go bankrupt which is interesting considering all the new agreements that they have in their local neighborhood. The future looks very very bright for Iraq but they need to do something about the 'now'. Here's what they've done. Article: "A decisive agreement that solves the crisis...Passing the borrowing law and launching salaries next Monday" Thank God.
11-5-2020 Intel Guru MarkZ [via PDK] [Does this election have anything to do with the Iraqi revaluation?] No…these are 2 separate monkeys…quit panicking…We knew this was going to happen with this election…. and that there was going to be massive voter fraud…..stay calm and don’t panic…buckle up…this may take awhile…remember that we have a lot to look forward too!!
11-5-2020 Newshound/Intel Guru Mnt Goat Article: "THE CENTRAL BANK OPENS AN ACCOUNT WITH EUROCLEAR TO DEVELOP THE PERFORMANCE OF FOREIGN RESERVES FROM THE CBI SITE" We have waiting for this for a VERY long time. This article is telling us exactly Iraq needed to attract investors. FREE FLOW OF CAPITAL. Now this will replace the currency auctions sooner than later. Watch it all play out. We are in VERY GOOD shape to see the reinstatement VERY SOON! This is why getting the support of the EU and off their sanctions list was so important. Do you get the connection now?
11-5-2020 Newshound Guru Pimpy There are some concerns we need to talk about and get out in the open. No sense dragging it out. Let's rip off the bandage... Article: "A Biden victory would be a loss for Iraq" ...they're concerned about Biden announcing ahead of time that he's going to go ahead and enter once again into this Iranian nuclear deal...the talks (peace talks) were going smoothly but once the election happened and now people are starting to think that Biden might win, a lot of these nations are holding on and pulling back until they find out what goes on...this article goes on to talk about the history with Biden & Obama and how it screwed up the entire Middle East...
11-5-2020 Intel Guru MarkZ [via PDK] My banking contacts, paymasters and attorneys are starting to return to their locations this evening and tomorrow...News should start flowing over the next day or two. Iraqi news is still very positive…they are still educating their people on new bills, new banking reforms... They are the 4th wealthiest nation when you look at the oi they have, the gold and rare minerals...the 4th wealthiest nation on the earth and they are going to revalue!!!
11-5-2020 Newshound Guru MilitiaMan Article: "Parliamentary Finance: We will oblige the government to borrow internally after reducing the deficit in the public budget" ...Well right there they are talking a rate. A rate is a required number is it not? It sure is, imo...
11-5-2020 Intel Guru Frank26 ...the monetary reform of the Iraqi dinar and the country of Iraq has nothing to do with the elections of the United States of America with Biden and Trump. Nothing to do. Except that Trump allowed Iraq to get themselves in a position to lift the value of their currency and they're about to. Now do you think I'm going to cash out my dinars if Biden wins? No. He's going to steal all my money. 50% taxes.
11-5-2020 Newshound/Intel Guru Mnt Goat Article: "AL-RAFIDAIN LAUNCHES LUCRATIVE OFFERS FOR IRAQIS TO DEPOSIT THEIR MONEY IN THE BANK" Each time in the past, when the CBI was proven to try to do the “project to delete the zeros” they had to collect these larger 3 zero notes and call them into the banks. We know why and its because they don’t want a bunch of overnight billionaires in Iraq. We know this will lead to the reinstate the currency. But first this part must be accomplished. This is not just my opinion or thinking on this subject but the past history speaks for itself. Folks all this news is falling right into what I have been waiting for...there are 3 articles from different sources on this in Iraqi news. So this is IMPORTANT! When the CBI speaks, I listen!
11-5-2020 Intel Guru MarkZ [via PDK] We are looking at unrest in the US for the next few days. This could be an awesome opportunity for a reset. I am not afraid of how this will turn out. ...there is still great chatter out of Iraq. I am still told by my government and military contacts that under all this smoke over the next 10 days we will get a reset...The RV will happen…it is an inevitability.
11-5-2020 Newshound/Intel Guru Mnt Goat Article: "THE CENTRAL BANK OPENS AN ACCOUNT WITH EUROCLEAR TO DEVELOP THE PERFORMANCE OF FOREIGN RESERVES FROM THE CBI SITE" We have waiting for this for a VERY long time. This article is telling us exactly Iraq needed to attract investors. FREE FLOW OF CAPITAL. Now this will replace the currency auctions sooner than later. Watch it all play out. We are in VERY GOOD shape to see the reinstatement VERY SOON! This is why getting the support of the EU and off their sanctions list was so important. Do you get the connection now?
11-5-2020 Newshound Guru Pimpy There are some concerns we need to talk about and get out in the open. No sense dragging it out. Let's rip off the bandage... Article: "A Biden victory would be a loss for Iraq" ...they're concerned about Biden announcing ahead of time that he's going to go ahead and enter once again into this Iranian nuclear deal...the talks (peace talks) were going smoothly but once the election happened and now people are starting to think that Biden might win, a lot of these nations are holding on and pulling back until they find out what goes on...this article goes on to talk about the history with Biden & Obama and how it screwed up the entire Middle East...
11-5-2020 Intel Guru MarkZ [via PDK] My banking contacts, paymasters and attorneys are starting to return to their locations this evening and tomorrow...News should start flowing over the next day or two. Iraqi news is still very positive…they are still educating their people on new bills, new banking reforms... They are the 4th wealthiest nation when you look at the oi they have, the gold and rare minerals...the 4th wealthiest nation on the earth and they are going to revalue!!!
11-5-2020 Newshound Guru MilitiaMan Article: "Parliamentary Finance: We will oblige the government to borrow internally after reducing the deficit in the public budget" ...Well right there they are talking a rate. A rate is a required number is it not? It sure is, imo...
11-5-2020 Intel Guru Frank26 ...the monetary reform of the Iraqi dinar and the country of Iraq has nothing to do with the elections of the United States of America with Biden and Trump. Nothing to do. Except that Trump allowed Iraq to get themselves in a position to lift the value of their currency and they're about to. Now do you think I'm going to cash out my dinars if Biden wins? No. He's going to steal all my money. 50% taxes.
11-5-2020 Newshound/Intel Guru Mnt Goat Article: "AL-RAFIDAIN LAUNCHES LUCRATIVE OFFERS FOR IRAQIS TO DEPOSIT THEIR MONEY IN THE BANK" Each time in the past, when the CBI was proven to try to do the “project to delete the zeros” they had to collect these larger 3 zero notes and call them into the banks. We know why and its because they don’t want a bunch of overnight billionaires in Iraq. We know this will lead to the reinstate the currency. But first this part must be accomplished. This is not just my opinion or thinking on this subject but the past history speaks for itself. Folks all this news is falling right into what I have been waiting for...there are 3 articles from different sources on this in Iraqi news. So this is IMPORTANT! When the CBI speaks, I listen!
11-5-2020 Intel Guru MarkZ [via PDK] We are looking at unrest in the US for the next few days. This could be an awesome opportunity for a reset. I am not afraid of how this will turn out. ...there is still great chatter out of Iraq. I am still told by my government and military contacts that under all this smoke over the next 10 days we will get a reset...The RV will happen…it is an inevitability.
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 is inspecting the workflow of the PPG electrical station and the NDS oil station in Basra Governorate
The Prime Minister, Mustafa Al-Kazemi, inspected today, Thursday, the project of the PPG power plant, which has a production capacity of (600-900) megawatts.
Mr. Al-Kazemi was briefed on the progress of work in the production station for electricity, which supports the national grid in Basra with electric power, and directed his sovereignty to expand work and increase production in it.
His Excellency affirmed the government's keenness to improve the electricity situation in Iraq, indicating that despite the huge financial allocations allocated to this vital sector, mismanagement and corruption caused billions of dollars to be wasted without a tangible result.
Mr. Al-Kazemi also inspected the NDS oil station in Al-Zubair field in Basra Governorate, which produces two hundred thousand barrels of oil per day, and was briefed on the reality of work and production stages, in this station, which is the most recent in Iraq.
Media Office of the Prime Minister
5-November-2020
***************
ARTICLE 1-B (from PM Kadhimi's website; posted only on Arabic side, not on English side)
Prime Minister Mustafa Al-Kazemi meets with a number of elites in Basra Governorate
The Prime Minister, Mr. Mustafa Al-Kazemi, met today, Thursday, during his stay in Basra Governorate, a number of elites in the province, and listened to the problems that the people of Basra are suffering from and a number of segments of society, and the guarantees that contribute to the advancement of the governorate.
His Excellency affirmed that Basra Governorate has suffered greatly due to negligence and the weakness of the services provided, despite being one of the wealthy provinces, and it is assumed that services will be the first in them, indicating that the government is keen for Basra to regain its health and to rise again, stressing that, with the rise of Basra, the rest of the provinces will rise. .
Al-Kazemi explained that the government, within its program voted by the House of Representatives, seeks to activate and revitalize the private sector, which is one of the basic ingredients for the advancement of the Iraqi economy, and contributes to addressing many economic and social problems such as unemployment, by providing job opportunities for young people and moving the wheel of the local market. .
Media Office of the Prime Minister
5-November-2020
***************
ARTICLE 1-C (from PM Kadhimi's website; posted only on Arabic side, not on English side)
The Commander in Chief of the Armed Forces, Mr. Mustafa Al-Kazemi holds an important meeting with the security leaderships in Basra
The Prime Minister and Commander-in-Chief of the Armed Forces, Mr. Mustafa Al-Kazemi, held an important meeting today, Thursday, with the security leaders in Basra Governorate, at the governorate's operations headquarters, and his Excellency listened to a detailed presentation on the overall security situation throughout Basra, and the challenges facing the security forces.
Mr. Al-Kazemi praised the efforts of the security services in Basra, which are doing their best for the security and stability of the province, stressing that the government and its institutions and security agencies are all working to serve the citizen and ensure his stability, calling on the security forces to work hard to provide security for our people in Basra.
Mr. Al-Kazemi renewed his call for the security forces to protect human dignity and protect the security of the demonstrators, and for their performance to enjoy professionalism and the highest degree of responsibility in providing security for citizens, especially since most of them have legitimate demands.
His Excellency affirmed his strong rejection of firing bullets at unarmed citizens under any circumstance, and indicated that the security forces' weapons were patience and we succeeded in that, stressing at the same time, the rejection of any aggression and abuse of the security forces.
Media Office of the Prime Minister
5-November-2020
***************
ARTICLE 1-D (from PM Kadhimi's website; posted only on Arabic side, not on English side)
Prime Minister Mustafa Al-Kazemi inaugurates the largest tower in the gas industry implemented in the Basra Gas Company
The Prime Minister, Mr. Mustafa Al-Kazemi, inaugurated this morning, Thursday, the largest gas tower in the gas industry, which was implemented in the Basra Gas Company.
His Excellency praised the efforts of the workers and those in charge of this vital project, which represents an important economic pillar for the country, and a step to achieve real development away from the traditional dependence on crude oil, and affirmed that the project will bring about a new policy for long-term development for Iraq and Basra Governorate, which deserves a lot from us.
His Excellency explained that the partnership between Iraqi institutions and sober international companies is an ideal way to advance the Iraqi economy and provide job opportunities for young people serving the country.
And Mr. Al-Kazemi indicated that the economic crisis that the country is going through prompts us to think about the future and build a real, solid economy that does not depend entirely on oil, in order to achieve a better life for all Iraqis.
The Prime Minister, Mr. Mustafa Al-Kazemi, arrived in Basra Governorate this morning, and he will meet with a number of officials in the province and inspect a number of vital sites there.
Media Office of the Prime Minister
5-November-2020
***************
ARTICLE 1-E (from PM Kadhimi's website; posted only on Arabic side, not on English side)
Prime Minister Mustafa Al-Kazemi arrives at Umm Qasr port in Basra and meets with the cadres working in customs and ports
The Prime Minister, Mr. Mustafa Al-Kazemi, inspected today, Thursday, the port of Umm Qasr in Basra Governorate, and was briefed on the progress of work in this important port, and the customs work mechanisms in it.
Mr. Al-Kazemi held a meeting with the cadres working in the port and customs, and confirmed that his current visit is the second in a short period, in order to continue work at the border outlets, and Umm Qasr port is one of the most important of these ports, in addition to other ports, which are a true artery in support The country's economy and commercial movement, and we do not allow any situation of complacency and neglect in it.
His Excellency explained that there is an increase in customs revenues and border crossings, thanks to the efforts of their workers, stressing the importance of increasing state revenues from the ports and ports in which we are working to develop work in them.
With regard to the large port of Faw, Mr. Al-Kazemi stressed that it is one of the government's priorities, despite the great challenges that the country is going through, but we will work hard to sign with foreign companies to start work in it.
Media Office of the Prime Minister
5-November-2020
***************
ARTICLE 1-F (from PM Kadhimi's website; posted only on Arabic side, not on English side)
The Iraqi government condemns the PKK attacks on Peshmerga forces in Dohuk Governorate
Today, Thursday, the Iraqi government condemned the attack by militants affiliated with the Kurdistan Workers' Party (PKK) against the Peshmerga forces in Dohuk Governorate, which resulted in casualties among a martyr and a wounded person.
The Iraqi government affirmed its strong rejection of the attack that took place inside Iraqi territory, and promised it an assault on the country's sovereignty, and that it would take measures that would put an end to the attacks that are a violation of the security and sovereignty of the country.
Media Office of the Prime Minister
5-November-2020
*************
ARTICLE 2
11-5-2020 around 8:00 am Eastern
PM @MAKadhimi visits Um Qasr Port in Basra and inaugurates the new electronic unified gates system which will streamline customs and goods clearance operations and contribute to increasing Iraq’s non-oil revenues, a key objective of the @IraqiGovt.
11-5-2020 around 4:00 am Eastern
PM @MAKadhimi arrives in Basra to inspect a number of strategic projects in the province, visits Basra Gas Company and inaugurates a newly constructed gas tower, one of the largest in the gas industry.
***************
ARTICLE 3-A
The President of the Republic ratifies the election law
11/5/2020 15:06 •
[Baghdad-Where]
President of the Republic, Barham Salih, on Thursday ratified the election law.
The Presidency of the Republic stated, "The President of the Republic will make an important speech during his approval of the election law, this evening, Thursday, at four o'clock in the evening."
The House of Representatives voted in its 24th session, which was chaired by Hassan Al Kaabi, First Deputy Speaker, and in the presence of 184 deputies (Tuesday 12/24/2019) on the Iraqi Parliament elections law.
***************
ARTICLE 3-B
Saleh: I have approved the reservations about the new election law ... it does not represent all we aspire to
11/5/2020 16:33 •
[Baghdad-Where]
President of the Republic, Barham Salih, confirmed, on Thursday, that he acknowledges the reservations about the new election law voted by the House of Representatives, while indicating that the law does not represent everything we aspire to.
Saleh said in a speech during his approval of the new election law: “In compliance with my constitutional duty, I approved the election law, in preparation for holding early, fair and fair elections.” He pointed out that “The passage of this law comes after a long debate, and the reform of the electoral law was a national demand for security. The right of Iraqis to choose their representatives away from pressure, blackmail and stealing their voices.
He added, "Yes, I acknowledge the reservations recorded on the law voted on in the House of Representatives. Certainly this law does not represent everything we aspire to, but at the same time, it represents a development for the better and a fundamental building block towards the path of reform, and affirms the consideration of the people as the main source of legitimacy of government." Down to the free will of the Iraqis in good governance that serves them. "
He stressed, "The concerned state institutions are called upon today, after the approval and ratification of the election law, to accelerate the fulfillment of the requirements for conducting fair and fair early elections in the various stages of their conduct, including biometric registration, and to work for effective and serious coordination between the United Nations and the Independent Electoral Commission." To secure oversight and supervision to ensure the integrity of the electoral process.
He continued, "The appeals, doubts and concerns that the previous electoral processes witnessed were a major reason for the citizens 'reluctance to vote, and undermined citizens' confidence in the legitimacy of the existing system and the entire electoral process."
And he warned, "Electoral corruption is a dangerous scourge, as it threatens societal peace and economic integrity. Electoral corruption and financial corruption are interdependent, interdependent and damaging, and perpetuate one another."
He stressed, "It is the right of Iraqis to enjoy the abundant benefits of their country and to live a free and dignified life, and this will not be achieved without building a strong and capable state that represents the voices of Iraqis with all their components and achieves a safe and comfortable life for them."
He explained: "We are facing a sensitive and decisive stage in the modern history of Iraq, and all political and societal forces must assume the required national responsibility in enabling a new political generation to take upon itself to complete the desired reform project, in fulfillment of the pure blood that has been shed on the path of reform and change."
He concluded by saying, "Iraq deserves a lot, and that the Iraqis have suffered greatly and are still ... and it is imperative to create the political climate required to alleviate that suffering and achieve justice and fairness in choosing a strong government that preserves the sovereignty and preserves the prestige of the state, and this is what we are looking for through this electoral law." That will enable large sectors of our people to vote and participate, God willing, away from the pressures and sediments of the previous phase, and away from manipulation, fraud and stealing the votes of citizens.
*************
ARTICLE 4
Al-Kazemi concludes his visit to Basra and returns to Baghdad
11/5/2020 20:22 •
[Baghdad-Where]
Prime Minister Mustafa Al-Kazemi concluded his tour in Basra and left the governorate, returning to the capital, Baghdad, without meeting the media or holding a press conference.
Al-Kazemi concluded his last meeting at the headquarters of the Italian oil company ENI, and his convoy headed to Basra airport, leaving the governorate towards Baghdad.
Al-Kazemi arrived in Basra Thursday morning and conducted a tour in the province away from the media, which was limited to a meeting in the Operations Command in addition to the oil fields, sites and ports.
He also met with a number of elites in the governorate and emphasized that “Basra has suffered greatly due to neglect and the weakness of the services provided, despite being one of the wealthy provinces, and it is assumed that services are at the forefront there, indicating that the government is keen to see Basra recover and rise again, confirming the saying: It is with the rise of Basra, that the rest of the provinces will rise. "\
*************
ARTICLE 5
Planning reveals preparation of a plan to support the poorest villages
11/5/2020 16:53 •
[Baghdad-Where]
Minister of Planning, Khaled Battal Al-Najm, confirmed, Thursday, that the ministry has prepared a plan to support the poorest villages in all governorates, through the implementation of service projects, in those villages, with funding from the Social Fund for Development, and with the participation of the planning and statistics departments in the provinces.
A statement issued by the Ministry's Information Directorate stated, "Al-Najm met with the directors of the planning and statistics departments in all governorates, in the presence of the deputy minister, Maher Hammad Johan, the head of the Central Bureau of Statistics, Diaa Awad Kazim, and a number of general managers in the ministry and the agency."
The minister emphasized that "the work of the ministry is based on spatial plans prepared by the planning departments in the provinces, based on statistical indicators, which are provided by the statistics departments."
He added, "The next stage will witness the resumption of work by implementing a number of important statistical surveys in the agricultural, economic and social sectors, and employing their indicators in addressing development gaps in the governorates. These indicators will also contribute to strengthening the reform paper presented by the government."
He stressed, "the importance of following up on ongoing projects in all governorates, by the cadres of planning and statistics departments, to identify the problems and challenges facing the completion of these projects."
And the price, "the efforts made by the planning and statistics departments to accomplish their tasks, despite the great challenges facing their work," calling for "strengthening and activating joint work with local governments in the governorates, directed to providing the best possible conditions for the work of these departments."
*************
No comments:
Post a Comment