WOTS MON FEB 22 21
No Monday MyFx Buddies podcast yet you can hear the podcast discussing some of these articles at https://anchor.fm/dashboard/episode/eqvaff
he price of the dollar against the Iraqi dinar, on Monda
(February 22, 2021 ).
The sale price of the dollar is 146,000
The purchase price of the dollar is 145,750
It is worth noting that the dollar exchange rates recorded by the Iraqi market yesterday, Sunday (February 21, 2021), were 146,500 dinars for sale, and 145,500 dinars for purchase
The Markets:
Things in the News:
Family of boy who died during winter storm suing TX energy company for $100M...
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Scientists clone endangered ferret!
Porsche CEO warns ‘very serious’ global chip shortage could affect operations for months
The Motley Fool is announcing plans to allocate $5 million of its own cash to Bitcoin. Here's why. · We believe it will store value more effectively ...
The Oracle of Omaha has set his sights on Chevron and Verizon. ... Berkshire Hathaway, led by famed investor Warren Buffett, announced ... They're not the typical American franchise buys you would see him make,” Quint ..
Iraqi Articles:
World Bank: Iraq's GDP grows by 1.9% in 2021
link
The World Bank on Monday forecast iraq's GDP growth of 1.9 percent for 2021.
"Iraq's GDP is expected to grow by 1.9 percent in 2021," the bank said in a report seen by Twilight News.
"Djibouti is expected to record the highest GDP growth for 2021 among the Middle East and North Africa countries at 9.2%, while it expects the lowest GDP growth for the same year for Lebanon and a decline of -6.3%," he said.
"The GDP of oil-producing countries in the Middle East and North Africa, which includes Iraq, Algeria, Kuwait, the United Arab Emirates, Saudi Arabia, Qatar, Iran, Oman and Bahrain, is expected to increase by 2.1 percent in 2021 from -5 percent in 2020," he said.
"The GDP of oil-importing countries in the Middle East and North Africa, which includes Tunisia, Jordan, Lebanon, Morocco, Egypt and Palestine, is expected to increase by 3.2% in 2021 after a decline of -0.8% in 2020," she said.
Representative Finance: Two options for financial abundance from increasing oil prices
link
A member of the Parliamentary Finance Committee, Sherwan Mirza, affirmed that the financial increase or abundance from the high oil prices will be used to fill the deficit or go as a supplementary budget.
Mirza told {Al-Furat News} that "the price proposed by the government for a barrel of oil is $ 42, and after the recent adjustments that we have made, the price has become $ 45 per barrel."
He added, "The $ 45 is a small price compared to the current price, but it is considered a conservative price because we do not know what will happen in the coming months."
A member of the Finance Committee stated that "the price was proposed by experts in the Ministry of Oil and the National Oil Company {SOMO}".
Mirza added: "If there is an increase or a financial abundance due to the high price of oil, it can be used to fill the deficit or as a supplementary budget."
The advisor to the Prime Minister, Mazhar Muhammad Salih, confirmed earlier that Iraq is on the edges of economic recovery, and said, “Iraq is on the edges of economic recovery at the present time in two areas. The first is that there is a tangible agricultural boom that will achieve growth in the non-oil GDP in 2021 by about More than 4%, which is about one and a half times higher than the population growth, adding that "the second scale is the boom in the energy demand sector in the world. Oil prices have gradually recovered, which is a positive sign and strengthens the country's overall financial capacity."
Saleh stressed "the necessity of dealing with this matter with great caution, by laying a basis for sustainable development and minimizing economic shocks."
An economist talks about job opportunities and an economic and housing recovery that will “encircle” the capital, Baghdad
link
notice all the English on this diagram?
The economic expert, Wissam Al-Tamimi, said that the fourth ring road to Baghdad represents a golden opportunity for the government to eliminate unemployment and the housing crisis and revive the investment sector.
Al-Tamimi said in a press statement, "The government meeting on implementing the ring road with a length of 97 km is considered a new gateway to revitalize the capital economically through the introduction of investment companies to construct the road and build rest and fuel stations and commercial centers."
He added, "Baghdad will get new residential areas that will eliminate the housing crisis in the capital by passing the ring road near it or within those areas, especially the newly screened areas such as districts 2 and 3 on 10, as-Sabiyat and Salamiyat districts, and the vicinity of Baghdad Airport on the Karkh side, as well as Jurf al-Nadaf, Diyala Bridge and the surrounding ASSADAR city"
And that "trade exchange operations can take place in the squares and large garages that are established on the ring road, as it ensures that large trucks do not pass to the heart of the capital, as well as eliminating unemployment in Baghdad by providing job opportunities for thousands of young people in commercial centers, rest stations, fuel and exchange garages." As well as building new residential areas, as well as reviving the real estate sector, because the areas adjacent to the road will witness in terms of buying and selling.
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 1460
The currency auction For February 21, 2021 total sales amount $ 81,698,00.
ISX Update:
www.isx-iq.net/
Shares Traded: not updated for today
Value Traded: not updated for today
2-21-2021 Newshound Guru Pimpy Article: "Mazhar Salih: Iraq is on the brink of economic recovery" Yeah, just that quick. Magically what are we seven weeks into the year - we went from having huge deficits to now we're already in the recovery? ...it's almost already close enough to start slowly but surely rising the value of the dinar to its true value. That's just my opinion...
2-21-2021 Intel Guru Footforward I'm happy to exchange all of my dinar for anything over 3.50...catch it because it's going to be too fast...they make it sound like everyone caught a $9 rate on Kuwait dinar when in fact very few of any actually caught that outside of forex...
2-21-2021 Newshound Guru MilitiaMan Article: "Parliamentary Finance Explains The Reasons For The Delay In Paying Employees' Salaries" Quotes: "salaries will not be delayed this month or the coming months and they are fully insured." ; "...the delay that accompanies the payment of salaries every month is borne by the Accounting Department at the Ministry of Finance for its reliance on old mechanisms in banking transactions..." This sure looks like there is a consensus in that they know a new mechanism is coming into play. Modern is not in the old but new mechanism. Well that to me suggest they are to pay in a timely manner with a new rate (mechanism) in the future. A mechanism applied in such a manner that fully insures payments will be on time and not delayed any longer. Thereby, we can deduce they have a digital system coming into play. Probably one that will interlink with not only internal transactions but, regionally and globally...imo. I like it...
2-21-2021 Intel Guru Frank26 If you go to a bank to exchange your dinars then they convince you - 'Would you like to deposit your capital gains in our bank? We have wealth managers who can advise you. We have may packages and many services. Would you like to do that?' And you say to them. sure...Banks in the the U.S. they insure you. It's called FDIC. That's the insurance to cover your money in case it's stolen, burnt, lost or whatever it may be. The insurance for FDIC is only $250k. If you cashed out 1 million dollars worth and you deposit it into their bank account you want to ask them how much of my currency that I just put into your bank is insured? If you deposit a million - three quarters of a million will not be insured. You may say 'so what." Trust me you want to insure your money... [Note: Speak to your financial advisors at the appropriate time to protect you and your family's financial future.]
2-21-2021 Newshound Guru Pimpy ...something is definitely happening... March seems to be the month. What "it" is I'm not 100% sure. I'm monitoring all the chatter amongst those who know and trying to get definite details that I can prove. All I know is there's a lot of scurrying going on and everything seems to be pointing towards the month of March. What it is I don't know and that's frustrating because even the people I rely on that do know - even they don't know. They just know something is coming up. I'm not trying to get people overly hyped or really excited. What I'm trying to say is we have no idea what it it is. It might be good it might be bad. I'm trying to find out for you guys...
2-21-2021 Newshound Guru Jeff Article: "Mazhar Salih: Iraq is on the bring of economic recovery" ...He's the former number 2 man of the central bank...when the central bank talk that's when you listen...I told you from when Iraq completed that Borrowing Law they could change the rate at any time...they were walking you into the season of the rate change. This article confirms you're there...the rate change reduction...December 20th. What they revealed to you is they had a specific goal that had to be reached in a specific amount of time. That's why they had to do it on December 20th...they implemented a 90-day tool to reduce the note count in the country of Iraq to get the 3 zero notes out of circulation. They needed 90 days on that...for it to be effective and get more than enough notes out of circulation...
2-21-2021 Intel Guru Footforward [...Why does everyone keep saying we will only have a short time to exchange?...] Iraq is not going to sit around forever to wait for these notes to come in. They want to get them in as quickly as possible. I believe the rate will be good...
Catnip's Corner:
ARTICLE 1-A (from PM Kadhimi's website)
The Commander-in-Chief of the Armed Forces, Mr. Mustafa Al-Kazemi, is visiting the Tarmiyah district to supervise the operations that were launched to eliminate the remaining ISIS terrorist gangs
As part of the government campaign and the directives of the Commander-in-Chief of the Armed Forces, Mr. Mustafa Al-Kazemi, to eliminate ISIS terrorist gangs that led to the killing of terrorist leaders, Mr. Al-Kazemi made a visit today, Saturday, to the Tarmiyah district to see and supervise the pre-emptive operations that were launched to eliminate the remaining ISIS gangs .
His Excellency visited the headquarters of the 59th Brigade, Observation Operations, the Sixth Division, in Tarmiyah district, accompanied by the deputy chief of staff of the army and the commander of Baghdad operations.
Mr. Al-Kazemi met with a number of security leaders, and listened to a briefing on the developments in the security situation in the region, and was briefed on the details of the military and security operations that are carried out to pursue and destroy terrorist additions.
His Excellency directed the necessity of continuing the operations of pursuing terrorist remnants, in cooperation with the region's elders and tribal sheikhs, and at the same time commended the distinguished efforts that resulted in the killing of a number of wanted terrorists.
The Commander-in-Chief of the Armed Forces appreciated the efforts of the heroic fighters, who achieve security and stability and bear the responsibility and fidelity of protecting the capital, Baghdad, through their pre-emptive strikes against terrorism.
Media Office of the Prime Minister
February 20, 2021
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ARTICLE 1-B (from PM Kadhimi's website)
Prime Minister Mustafa Al-Kazemi conducts an inspection tour in the streets of Baghdad to see the Baghdad Municipality's campaign for cladding, maintenance and cleaning work
Today, Saturday morning, the Prime Minister, Mustafa Al-Kazemi, conducted an inspection tour in the capital, Baghdad, to see the campaign carried out by the Municipality of Baghdad, which includes street cladding, maintenance and cleaning campaigns, which coincide with the curfew measures, in order to avoid the impact of business on walking on normal days .
His Excellency, accompanied by the Mayor of Baghdad, Mr. Alaa Maan, toured Al-Khilani Square, Al-Rasheed Street, Al-Khulafa Street, Al-Souq Al-Arabi and Al-Shorja, and was briefed on the efforts of the Municipality that carries out street maintenance, cladding and cleaning campaigns.
The Prime Minister directed the Mayor of Baghdad to prepare for an international conference for the reconstruction of the capital, Baghdad, in the presence of international advisors.
During his tour, Mr. Al-Kazemi met with a number of workers, listened to their complaints, and directed measures to facilitate them and speed up their resolution. He also directed his Excellency to speed up services and improve the level of municipal work and municipal services provided to citizens.
During his inspection tour, Mr. Al-Kazemi met with a number of officers and members of the security forces, and praised their efforts and the efforts of all security forces that work to implement the comprehensive curfew measures in the capital, Baghdad, and the rest of the governorates.
Media Office of the Prime Minister
February 20, 2021
Cladding
ConstructionCladding is the application of one material over another to provide a skin or layer. In construction, cladding is used to provide a degree of thermal insulation and weather resistance, and to improve the appearance of buildings.
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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
Deputy: We need only one session to pass the budget next week
Member of Parliament, MP Sadiq Al-Sulaiti, confirmed, on Saturday, that the budget will pass next week in one session in which voting will take place after the consensus of the political blocs, pointing out that there is nothing left but agreement on the two articles on Kurdistan and there are understandings and the crisis will end.
Al-Sulaiti said in a press interview, "The budget will be voted on next week after the final agreement between Baghdad and Erbil is announced."
He added that "the budget and its passage need one parliamentary session to vote on it," noting that "there are understandings that would end the crisis."
Al-Sulaiti pointed out that "until now, nothing remains of the budget paragraphs except for the agreement to pass the two articles on the oil of the Kurdistan region, as well as some projects and service items within the budget
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ARTICLE 4-A
Before the historic visit ... launching the hashtag "Pope in Iraq"
2/21/2021 14:31
[Baghdad-Where]
On Sunday, the Ministry of Culture, Tourism and Antiquities announced the launch of a hashtag on social media sites entitled "The Pope in Iraq" in conjunction with the upcoming historic visit.
The ministry stated, in a statement, that it “launched the hashtag (# Pope_in_Iraq), welcoming the historic visit expected on the fifth of next March of the Supreme Pontiff of the Catholic Church in the world, Pope Francis to Iraq.
According to the statement, "launching this hashtag comes in implementation of one of the proposals approved in the meeting of the Minister of Culture, Tourism and Antiquities, Dr. Hassan Nazim, with the general managers last Tuesday."
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ARTICLE 4-B
The Vatican delegation arrives in Najaf
2/21/2021 15:06
[Najaf-where]
The Vatican reconnaissance delegation arrived in Najaf Governorate today, Sunday.The visit comes to coordinate before the Pope’s visit to Iraq and Medina to meet the supreme religious authority.
Pope Francis I of the Vatican is scheduled to arrive in Iraq early next March for a visit, the first of its kind.
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ARTICLE 5
A young millionaire demonstrates the right and right way to make a fortune
2/21/2021 19:41
[Follow_Wine]
The 28-year-old Tanner Chidester net worth nearly $ 1 million after spending years making it.
And after starting from scratch, Chidester concluded that the easiest way to make money is to save money rather than accumulate it, according to CNBC.
He started a business after leaving the University of Texas when he was twenty-two years old, and he also worked six-hour shifts in Olive Garden to be able to make money during that period as well.
The main reason for the young man’s pursuit was his drowning in debt, which prompted him to make millions of dollars, and to find different ways to earn it.
In an interview about his fortune and his years of savings, Chidester said that instead of giving up coffee, avocados and other things he loves, he was able to focus on sufficient income and savings over those years while keeping his desires at the same time.
He also based his results on the knowledge he gained from the book "How the Rich Think" by Steve Siebold, who studied the lives of the rich for more than 25 years.
He added that the rich also know exactly what saving is and its importance, which he considered quite one of the easiest, most useful and useful ways to build a lot and a lot of wealth.
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6.4617
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