WOTS FRI FEB 26 21
The price of the dollar against the Iraqi dinar:
The sale price of the dollar: 145,750 The
price of the dollar: 144,750
The Markets:
The Asian markets closed down NIK by 3.99$ HSI by 3.64% SHANG by 2.12%
The UK markets are currently trading in the red from .16% to 1.16%
Our futures are currently trading in the red DOW at 31282 by .28% SNP at 3823 by .11% NDQ at 12792 by .31%
Favorite Currencies Forex Quotes
| Symbol | Bid | Ask | High | Low | Open | Change | Time |
|---|---|---|---|---|---|---|---|
| USD/IQD |  1433.9000 |  1483.0000 | 1456.7000 | 1456.7000 | 1456.7000 | -0.4000 | 18:00 |
| USD/VND | 23015.0000 | 23018.0000 | 23010.8300 | 23010.5100 | 23010.5100 | 10.3900 | 00:31 |
| USD/CNY | 6.4639 | 6.4659 | 6.4723 | 6.4537 | 6.4539 | 0.0091 | 05:25 |
| USD/KWD | 0.3024 | 0.3034 | 0.3022 | 0.3020 | 0.3022 | 0.0000 | 05:18 |
| GBP/USD |  1.3909 | 1.3910 | 1.4025 | 1.3888 | 1.4006 | -0.0097 | 05:25 |
| USD/IRR | 42000.0000 | 42210.0000 | 42097.4000 | 42097.4000 | 42097.4000 | 0.0000 | 10:27 |
| USD/IDR | 14296.0000 | 14327.0000 | 14333.0000 | 13947.0000 | 14263.0000 | 38.0000 | 05:25 |
Precious Metals:
Gold is red at 1759 Silver is red 26.84 at Copper is red at 416 Platinum is red at 1199
Brent 66 WTI 62
Things in the News:
Toyota starts building 'smart city' with self-driving cars, robots and AI homes
Cayman Islands, Morocco Placed on Terror-Financing Watch List...
Everyday chemicals threatening future of fertility...
Cayman Islands, Morocco Placed on Terror-Financing Watch List...
Everyday chemicals threatening future of fertility...
Iraqi Articles:
Oil fell 1% due to the rise in the US dollar and expectations of an increase in supply
Oil prices fell on Friday as the collapse in bond prices led to gains for the US dollar and expectations have grown that as oil prices return to pre-pandemic levels, more supply will likely find its way into the market.
US West Texas Intermediate crude futures fell 96 cents, or 1.5 percent, to $ 62.57 a barrel, giving up all Thursday's gains.
Brent crude for April delivery, which expires on Friday, fell 86 cents, or 1.3 percent, to $ 66.02 a barrel, after losing 16 cents on Thursday.
May's more active contracts fell to a low of $ 65.04 a barrel earlier, dropping 93 cents, or 1.4 percent, to $ 65.18.
"Crude oil has modestly retreated from recent highs amid an atmosphere of risk aversion as Asian stocks fell broadly to follow the weak performance of Wall Street," said Margaret Yang, strategy at Singapore-based Daily Fix.
She added that the selling in the bond market, which led to the rise of the US dollar and increased returns, puts pressure on primary commodities that do not yield returns.
The rise in the US currency increases the cost of oil priced in dollars to buyers of crude in other currencies.
Despite the drop in prices today, Brent and West Texas Intermediate crude oil is on its way to achieving gains of about 20 percent since the beginning of this month, as markets are experiencing turmoil in the United States, while optimism about improved demand increases with the distribution of vaccines against the Corona virus.
Investors are betting that a meeting next week of the Organization of the Petroleum Exporting Countries (OPEC) and its allies, the group known as OPEC +, will result in more supplies returning to the market.
US crude prices are also facing adverse factors due to the loss of refinery demand after the closure of several facilities on the coast of the Gulf of Mexico during a winter storm last week.
Al-Sudani: It is necessary to review the exchange rate of the dollar
On Thursday, a member of Parliament, Muhammad Shiaa al-Sudani, stressed the necessity of reviewing the exchange rate of the dollar, especially with the continuing high oil prices.
Al-Sudani wrote in a tweet on Twitter today (February 25, 2021), that "with the continued rise in oil prices and the increase in revenues, which reduces the budget deficit."
He added, "In the absence of a real will to promote national agriculture and industry, it has become imperative to reconsider the exchange rate of the dollar and raise the value of the Iraqi dinar, especially since the affected are the poor and middle-income class
CBI Update: Just a note:
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
2-26-2021 Newshound/Intel Guru Mnt Goat Article: "LEARN ABOUT THE CRITERIA FOR REPLACING DAMAGED BANKNOTES IN IRAQI BANKS" Why this article and why now? The CBI is finally taking in these large scale stashes of banknotes hidden under mattresses and buried in the backyard. They need now to set standards of how they will exchange these not so good notes. After all this was part of the point of devaluing the dinar in the first place. They needed to get the people to realize that the US dollar is worth more than the dinar and so turn in the dinar for US dollars. They needed to really shake them up. The longer they hold on to the 1450 rate the more dinar stashes will come forward...
2-26-2021 Intel Guru Frank26 Article: "Punishment: Dollar speculation with corrupt banks cost the state a trillion dinars a month." Not anymore. We stopped the auctions and we got Iraq a little bit under control. Quote: "to restore the unfair decision agains the Iraqi economy to raise the price of the dollar and return it to its previous era." This translation ugh! But you understand don't you. To raise the value of the Iraqi dinar against the dollar and return it to its previous era...that's what Dr. Shabibi said would happen and that's what's happening.
2-26-2021 Intel Guru Frank26 Article: "Punishment: Dollar speculation with corrupt banks cost the state a trillion dinars a month." Not anymore. We stopped the auctions and we got Iraq a little bit under control. Quote: "to restore the unfair decision agains the Iraqi economy to raise the price of the dollar and return it to its previous era." This translation ugh! But you understand don't you. To raise the value of the Iraqi dinar against the dollar and return it to its previous era...that's what Dr. Shabibi said would happen and that's what's happening.
2-25-2021 Intel Guru MarkZ [via PDK] There are a lot of big things happening in Iraq today and tomorrow as they push forward toward a new value. Many expect the vote tomorrow. [Guru] Frank26 says we are only waiting...
2-25-2021 Newshound Guru MilitiaMan My view is it is possible that shut down (OE) by the FED was a potential global notice given out, that change is coming...Kinda like, hey world we are resetting the system, rebooting...Then we resume like nothing happened, until x date which may be within a very short predetermined window with a new adjustment made... everyone would have had to have been given equal notice, and once the adjustment is made, a level playing field is set in motion and all are on equal footings...So did the FED test the system live in real time to see how it would work out? Then if successful, notice has been given, then game on?... [post 2 of 2]
2-25-2021 Newshound Guru MilitiaMan Article: "The Federal Reserve’s systems for transferring money and financial assets among banks, businesses and government entities went offline for a period of time on Wednesday, upending crucial parts of the country’s financial infrastructure." Lets see if the Digital System had a reset with the Fed yesterday has anything to say about the winds of March...I suspect that shut down "operational error" yesterday was on purpose or was it? ...Apparently that has never happened before. [post 1 of 2....stay tuned]
2-25-2021 Intel Guru MarkZ [via PDK] The Federal Reserve going down yesterday - I was told it was a hiccup…a crash as they tried to fold the QFS system to merge and blend with the old system and take over…the merge was not successful but they learned from it. When I say “Take over” I mean it’s not hostile…it’s just logistics…I have some very excited group leaders today…so the attempt yesterday was excellent news…
2-25-2021 Newshound Guru Jeff the news that's coming out is finally getting better and it's really what we're looking for...In Iraq the citizens technically own the oil. They're entitled to a percentage of the profits and proceeds from oil...Iraq's already had their oil and gas law drafted clear since 2005...what it's waiting on is the rate change. They cannot implement the oil and gas law...until the rate changes...it will be just like the country of Kuwait or the state of Alaska...they will get oil wealth. Article: "Iraq is preparing to pass a law to regulate oil and gas wealth." This is huge...they're telling you they're bringing this forth now so it's going to be in the 21 budget.
2-25-2021 Intel Guru Frank26 If the Iraqi dinar (which is not international) was part of this, well then you would have to make the Iraqi dinar international and then you would have to accept it into the Federal Reserves wouldn't you...this is the United States of America Federal Reserve shutting down for a specific reason that they've never done before...IMO - In my team's opinion...this shutting down of the United States of America Federal Reserves had to happen before Iraq can do anything with their currency and their monetary reform. Why? Because what are they pegged to? ...U.S. [Dollar]. [post 2 of 2]
2-25-2021 Intel Guru Frank26 Federal Reserves - have you ever been closed before? I didn't think so. This is historical. This is epic...the Federal Reserve of the United States of America allows banks to send money back and fourth and their system is down...there is something significant about this...the closing of the Federal Reserves would have been planned a very long time ago so this is not any form of testing. What this is is a collaboration...international understandings... [post 1 of 2....stay tuned]
2-25-2021 Intel Guru RayRen98 I FEEL A RATE CHANGE COMING... DIRECTLY!!!...HINT 2 THE WISE: DON'T RUSH IN FOR THE "LOWER" EXCHANGE RATES...IT GETS GREATER LATER $$$$$
2-25-2021 Intel Guru Bruce [via WiserNow] I can tell you there are a few things out there that are pointing toward our timing being very close - now – for me to say that...I know that things are happening and have happened in Iraq to make the reveal for the release of everything...Thursday [today]. So we’re looking for some action to take place probably on Thursday – and it could be that we get notified on Thursday and go for exchanges on Thursday...I would say Thursday is looking very good for us...Beyond that we know that redemption center staff...were given a schedule for the next 12 days...I am very encouraged by what we’re hearing...there has been a lid put on intel and we have been put on more than a GAG order...you are not seeing or hearing much right now - that is a very good sign...
2-25-2021 Intel Guru MarkZ [via PDK] Out of Iraq we are still getting a lot of chatter about Thursday or Friday for the new budget to be finished now that they have completed the Kurdistan issues. So we are here at the edges of our seats… Does this mean its tomorrow??? Nobody knows the exact time…if its tomorrow or weeks from now…but we are close. All we can do is be prepared.
2-25-2021 Newshound Guru MilitiaMan My view is it is possible that shut down (OE) by the FED was a potential global notice given out, that change is coming...Kinda like, hey world we are resetting the system, rebooting...Then we resume like nothing happened, until x date which may be within a very short predetermined window with a new adjustment made... everyone would have had to have been given equal notice, and once the adjustment is made, a level playing field is set in motion and all are on equal footings...So did the FED test the system live in real time to see how it would work out? Then if successful, notice has been given, then game on?... [post 2 of 2]
2-25-2021 Newshound Guru MilitiaMan Article: "The Federal Reserve’s systems for transferring money and financial assets among banks, businesses and government entities went offline for a period of time on Wednesday, upending crucial parts of the country’s financial infrastructure." Lets see if the Digital System had a reset with the Fed yesterday has anything to say about the winds of March...I suspect that shut down "operational error" yesterday was on purpose or was it? ...Apparently that has never happened before. [post 1 of 2....stay tuned]
2-25-2021 Intel Guru MarkZ [via PDK] The Federal Reserve going down yesterday - I was told it was a hiccup…a crash as they tried to fold the QFS system to merge and blend with the old system and take over…the merge was not successful but they learned from it. When I say “Take over” I mean it’s not hostile…it’s just logistics…I have some very excited group leaders today…so the attempt yesterday was excellent news…
2-25-2021 Newshound Guru Jeff the news that's coming out is finally getting better and it's really what we're looking for...In Iraq the citizens technically own the oil. They're entitled to a percentage of the profits and proceeds from oil...Iraq's already had their oil and gas law drafted clear since 2005...what it's waiting on is the rate change. They cannot implement the oil and gas law...until the rate changes...it will be just like the country of Kuwait or the state of Alaska...they will get oil wealth. Article: "Iraq is preparing to pass a law to regulate oil and gas wealth." This is huge...they're telling you they're bringing this forth now so it's going to be in the 21 budget.
2-25-2021 Intel Guru Frank26 If the Iraqi dinar (which is not international) was part of this, well then you would have to make the Iraqi dinar international and then you would have to accept it into the Federal Reserves wouldn't you...this is the United States of America Federal Reserve shutting down for a specific reason that they've never done before...IMO - In my team's opinion...this shutting down of the United States of America Federal Reserves had to happen before Iraq can do anything with their currency and their monetary reform. Why? Because what are they pegged to? ...U.S. [Dollar]. [post 2 of 2]
2-25-2021 Intel Guru Frank26 Federal Reserves - have you ever been closed before? I didn't think so. This is historical. This is epic...the Federal Reserve of the United States of America allows banks to send money back and fourth and their system is down...there is something significant about this...the closing of the Federal Reserves would have been planned a very long time ago so this is not any form of testing. What this is is a collaboration...international understandings... [post 1 of 2....stay tuned]
2-25-2021 Intel Guru RayRen98 I FEEL A RATE CHANGE COMING... DIRECTLY!!!...HINT 2 THE WISE: DON'T RUSH IN FOR THE "LOWER" EXCHANGE RATES...IT GETS GREATER LATER $$$$$
2-25-2021 Intel Guru Bruce [via WiserNow] I can tell you there are a few things out there that are pointing toward our timing being very close - now – for me to say that...I know that things are happening and have happened in Iraq to make the reveal for the release of everything...Thursday [today]. So we’re looking for some action to take place probably on Thursday – and it could be that we get notified on Thursday and go for exchanges on Thursday...I would say Thursday is looking very good for us...Beyond that we know that redemption center staff...were given a schedule for the next 12 days...I am very encouraged by what we’re hearing...there has been a lid put on intel and we have been put on more than a GAG order...you are not seeing or hearing much right now - that is a very good sign...
2-25-2021 Intel Guru MarkZ [via PDK] Out of Iraq we are still getting a lot of chatter about Thursday or Friday for the new budget to be finished now that they have completed the Kurdistan issues. So we are here at the edges of our seats… Does this mean its tomorrow??? Nobody knows the exact time…if its tomorrow or weeks from now…but we are close. All we can do is be prepared.
Catnip's Corner:
*************
ARTICLE 1 (from PM Kadhimi's website; posted only on Arabic side, not on English side)
Prime Minister Mustafa Al-Kazemi receives a delegation from the Egyptian General Authority for Investment and Free Zones
The Prime Minister, Mr. Mustafa Al-Kazemi, received today, Thursday, the delegation of the Egyptian General Authority for Investment and Free Zones, headed by Counselor Mohamed Abdel-Wahab.
At the outset of the meeting, Mr. Al-Kazemi stressed the importance of bilateral cooperation between Iraq and Egypt as a fundamental pillar in consolidating stability and inter-economic integration, as well as the importance of the deep economic ties that bind the two countries.
The Prime Minister directed to accelerate the implementation of the integrated industrial zone that was agreed to be established in Iraq in cooperation with the Egyptian side.
The meeting also witnessed discussions on strengthening bilateral cooperation in the field of investment, and facilitating the entry of Egyptian companies into the Iraqi market and investment in it.
For his part, the head of the Egyptian delegation affirmed his sovereignty, the aspiration of all Egyptian companies and the Egyptian commercial and industrial sectors to cooperate with their Iraqi counterparts in order to achieve economic progress and integration, and the sustainable development of the two brotherly countries.
Media Office of the Prime Minister
February 25 - 2021
*************
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
Al-Haddad announces the date of the start of the new legislative term and the mechanism for holding sessions with the outbreak of Corona
2/25/2021 15:53 •
[Baghdad-Where]
The Second Deputy Speaker of Parliament, Bashir Al-Haddad, confirmed that Parliament "did not enjoy its legislative recess, and is still continuing in its current legislative term to approve the federal budget."
Al-Haddad said in a statement, "The parliament did not enjoy its legislative recess, and is still continuing in its current legislative chapter to approve the draft federal budget law for 2021, according to Article 57 of the Iraqi constitution, which states [The term of the session in which the general budget is presented does not end except after approval. ] ".
He explained that "the second legislative term of the third legislative year begins on the third of March, and the legislative holiday cannot be replaced."
Al-Haddad pointed out that "holding the sessions in light of the high incidence of the Corona pandemic, especially the mutated type, will be according to the measures taken by the parliamentary and governmental crisis cell, and with full commitment to health protection."
*************
ARTICLE 4
High oil prices and Brent exceeding $ 66 a barrel
02/25/2021 12:46 •
[Follow-up] On
Thursday, oil prices recorded a record high, their highest in more than 13 months, supported by the drop in crude production in the United States.
Brent crude futures rose 10 cents, or 0.10 percent, to $ 66.28 a barrel.
And increased US West Texas Intermediate crude for the month of April, 6 cents, or the equivalent of 0.09 percent, to reach 63.28 dollars a barrel.
Both contracts hit their highest levels since January 2020 earlier in the session, with Brent at $ 67.44 and WTI at $ 63.67.
The confirmation from the US Federal Reserve that interest rates will remain low for a while boosted investor appetite for risk and global financial markets.
*************
ARTICLE 5
Food items rich in Vitamin A.
2/25/2021 19:39
[
Follow-up_in ] The famous Russian doctor, Professor Yelena Malysheva, revealed the foodstuffs containing the highest percentage of vitamin A, useful in replacing its deficiency in the body.
In the list of these substances, Dr. Malysheva indicates that 100 grams of cod liver contains 20 times more vitamin A than the body’s daily need. And that 100 grams of sweet pepper and parsley contain 10 times what the body needs of this vitamin. And 100 grams of regular liver six times, and 100 grams of carrots three times.
“In principle, a healthy person can take these substances without reservation,” she says. But pregnant women in the first three months are advised not to eat cod liver and other materials containing a high percentage of vitamin A. Because this vitamin during pregnancy is under the control of a doctor, and the permissible dose must be observed.
She added, for this vitamin, specific permissible doses, as the daily dose of it should not exceed 1,300 micrograms. The normal dose for men is 900 micrograms, for women 700 micrograms, and children and adolescents 300 to 600 micrograms.
"A person may get excessive doses of vitamin A, which are life threatening," she says. This usually occurs when a person takes vitamin A with various biological supplements or medications. Excessive doses of this vitamin increase the risk of cancer, especially lung cancer, and this risk increases in smokers. Therefore, smokers are not advised to take vitamin A without a prescription.
And Malysheva adds, Vitamin A is responsible for rejuvenating the skin and improving eyesight.
*************
No comments:
Post a Comment