Monday, June 21, 2021

WOTS FRI JUN 18 21 The Minister of Industry from Damascus: Iraq is looking for balances and partnerships with all countries

 WOTS FRI JUN 18 21

No My FX Buddies Podcast today

Today, Friday (June 18, 2021), Iraq news publishes the exchange rate of the dollar against the Iraqi dinar, in the capital, Baghdad, and five other provinces, with its stability at a relative high.

The exchange rate of (100) dollars on the Kifah Stock Exchange in the capital, Baghdad (148,550) dinars, and the price of (100) dollars on the Al-Harithiya Stock Exchange (148,700) dinars, and in other exchange offices, the selling price was (149,000) dinars, and the purchase price (140,000) dinars.

As for the Erbil Stock Exchange, its stability also recorded a rise, with the price of 100 dollars reaching (148,900) dinars, and in the Basra Stock Exchange, the price of 100 dollars (148,800) dinars, and in the Mosul Stock Exchange, the price of 100 dollars (148,900) dinars.

On the Stock Exchange of Sulaymaniyah Governorate, the price of 100 dollars (148,900) dinars was recorded. On the Stock Exchange of Duhok Governorate, the price of 100 dollars (148,900) dinars was recorded.


The Markets:
The Asian markets closed mixed NIK down by .19% HSI up by .85% SHANG down by .01%
The UK markets are currently trading in the red mostly from .20% to .82%  2 are to t the upsie by .06% and .30%
Our futures are currently trading mixed  DOW at 33643 down  by .15% SNP at 4207.75 down  by .11% NDX at 14180 up by .17%

Precious Metals:
Gold is green at 1792 Silver is green  at 26.46 Copper is green at 419 Platinum is red at 1080 
Brent 72 WTI  70   Bitcoin: 37,122 10 yr yield: 1.49


Favorite Currencies Forex Quotes

SymbolBidAskHighLowOpenChangeTime
 USD/IQD  1458.0000  1463.0000 1457.4000 1457.1000 1457.1000  0.1000 00:00
 USD/VND  22995.0000  23005.0000 22958.0000 22943.1000 22943.1000  19.2900 03:54
 USD/CNY  6.4361  6.4381 6.4492 6.4350 6.4467  -0.0114 05:16
 USD/KWD  0.3009  0.3019 0.3009 0.3009 0.3009  0.0000 03:55
 GBP/USD  1.3892  1.3894 1.3944 1.3855 1.3920  -0.0027 05:17
 USD/IRR  42000.0000  42210.0000 42097.5000 42097.5000 42097.5000  0.0000 00:00
 USD/IDR  14408.0000  14408.0000 14520.0000 14378.0000 14493.0000  -84.0000 05:15
Things in the News:

Iraqi Articles:


Source: A committee from Baghdad arrives in Erbil and checks the region's imports

link

A source in the Kurdistan Regional Council of Ministers revealed that an audit committee has arrived from Baghdad to Erbil, to audit the region's imports," noting that "the committee's work will end next week."

The source stated, on Thursday, that the committee began checking the imports of the border crossings of the Kurdistan region, and there will be no "argument preventing sending the Kurdistan region's share of the general budget" after the committee completes its work.
 
The Rapporteur of the Parliamentary Finance Committee, Ahmed Al-Saffar, said that "the Finance Committee consists of a specialized cadre, and it will work to audit the imports of the Kurdistan Region."
 
And the Federal Council of Ministers decided at its meeting on Tuesday to send 200 billion dinars per month as financial dues from the Kurdistan region’s share of the general budget.
 
The decision of the Council of Ministers came, after completing the process of auditing the data on the non-oil imports of the Kurdistan region, by the Federal Financial Supervision Bureau and in coordination with the Office of Financial Supervision in the Kurdistan Region.
  
According to the information, the specified amount of the Kurdistan region’s share will be disbursed retroactively, starting from January 1, 2021, and on this basis, one trillion and 200 billion dinars will be sent as financial dues to employees’ salaries for the first half of the current year.




The Minister of Industry from Damascus: Iraq is looking for balances and partnerships with all countries

link

Minister of Industry and Minerals, Manhal Aziz Al-Khabbaz, stressed the need to identify specific industrial sectors and activities to be a starting point from which we can proceed with focusing efforts and attention on how to establish facilities to proceed with cooperation between Iraq and Syria, stressing that Iraq is looking for shares and balances with all countries. The interest of Iraq is above everything.

During the expanded meeting held by the two sides in the Damascus Chamber of Industry and its countryside, in the presence of the Iraqi delegation, the head and members of the chamber, and a group of Syrian industrialists in various sectors, the baker indicated that "Iraq has capabilities in a number of industries, while it lacks other industries, which requires joint work for the purpose of returning them, especially in Industries in which Syria is strong, such as the textile and spinning industries, calling for the possibility of cooperation also in the industries of agricultural pesticides, veterinary medicines and the pharmaceutical industry, pointing out in this regard that the Ministry of Industry has many available opportunities and other possibilities to achieve partnership between the two countries.

In turn, the Syrian Minister of Industry indicated the keenness of the two parties to set the basic points of the work mechanisms, which indicates the desire of the two sides to find industrial joints that serve the two countries, stressing the readiness to support businessmen and industrialists in both countries to settle complementary industrial relations and provide an Iraqi-Syrian product that enters the market, pointing out that the Chamber The Damascus industry is one of the oldest rooms in Syria, and a group of Syrian industrialists belong to it, known for their ability to produce despite the conditions of war and siege


Hope rises for Baghdad-Erbil budget deal, but hurdles remain

Under a new agreement, Kurdistan could start receiving 200 billion Iraqi dinars per month.

Oil Report
Published Friday, June 18th, 2021

The leaders of Iraq's federal government and semi-autonomous Kurdistan Regional Government (KRG) have reached a notional agreement to implement a revenue-sharing deal that has been stalled since the ratification of the 2021 budget in April.

If both sides follow through, the agreement could unlock monthly federal budget payments of 200 billion Iraqi dinars ($138 million) to the KRG. But it remains unclear whether or when those transfers will actually happen, given the technical hurdles that might still need to be overcome before money is released, as well as staunch opposition from some political blocs.

This content is for registered users. Please login to continue.
If you are not a registered user, you may purchase a subscription or sign up for a free trial.

I just thought it is interesting this story is in the Oil Report

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 June  , 2021 total sales amount $ . FRIDAY

including   $0. CASH 

ISX Update:   

www.isx-iq.net/

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

6-18-2021   Intel Guru Frank26   Article:  "Vietnam:  Moody's raises HDBanks' credit rating outlook from stable to positive"  Taken off currency manipulation list and now credit rating increase...
6-17-2021   Newshound Guru Pimpy   Looks good you guys.  We want outside investors in there.  We see the Iraq dinar gaining against the dollar again.  We see other countries eager to come in and invest.  We see that things seem to have quieted down.  They're very stable.  These are all good positive news.  That's what we wanted and that's what we got...

6-17-2021   Newshound/Intel Guru Petra  The Finance Minister said, "the ministries is continuing to open up to the world to conclude the best relations.  To open a new horizon of cooperation.  To restore its rightful place among the nations of the world.  It's continuing with global openness and concluding investor relations."   Concluding.  That's past tense.  Finishing out.  Whatever work they're doing internationally they're finishing up... essentially they're making a declaration that they're doing business, they're opening up, they want to be recognized as a sovereign country (which the G7 just did) and now they're saying they're opening up for business.  It's a very very clear statement...

6-17-2021   Intel Guru Bruce   [via WiserNow]   I don’t usually do rates...I try to stay away from it – I will say this – If I told you what I knew the rates were - the ones that were on the screen – you would probably wouldn’t believe me anyway...we’re going to be fine – rates are the least of your worries...

6-17-2021   Intel Guru MarkZ   [via PDK]   We appear to be caught in a groundhog day today…lots of paymasters in place…lots of bankers in place…there is nothing negative... All the folks are still in place and redemption center folks are planning on being on call over the weekend…Last weekend they were not on call…so imo we are in a better spot now then we were then.  I am hearing a lot of static/chatter from my Iraq and middle east contacts. This has drug out longer than they expected.  They had expected things to already have rolled out there this week…they are pushing hard...I believe we are on top of this and awfully close.

6-17-2021   Intel Guru Frank26   Article:   "A national campaign to support the Iraqi dinar."  Yes indeed a new rate of 1 to 1 that they have been campaigning and talking about at the CBI is coming...pay close attention to the word that the governor of the CBI is using with citizens...he told you yesterday 'a campaign of education is now starting' and once again are those not my exact words...?

6-17-2021   Intel Guru Holly   There has been great expectations for the RV to begin today. The day is young and we have to see if the final release did happen overnight.   Just know we are in the end days as this is coming to a close. This can not go on much longer. All is being readied and prepared...We can clearly see the progress being made...

6-17-2021   Newshound Guru Pimpy    Article:  "After Barzani's announcement, a government source clarifies how to pay regions share of the budget"   That's right.  They finally came up with an agreement.  It only took 13 years, 6 months, 27 hours, 72 minutes and 84 seconds to do this...they agreed to retro it all the way back to January.  That makes sense...Here's the thing that's weird about this.  They've done this before.  Not that I'm trying to throw salt on this.  This is good news.  I like it.  But last time they agreed on something, some of the political blocks got in the way.  Let's hope that doesn't happen...I'm glad.  They finally ironed out their differences and it looks like an agreement is there.  Let's keep our fingers crossed.  We'll know if it's real when Kurdistan says they received their money and all is well over in dinar land...


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 the ambassadors of the European Union countries in Iraq

Today, Thursday, the Prime Minister, Mustafa Al-Kazemi, received the ambassadors of the European Union in Iraq.

During the meeting, they discussed Iraqi-European relations and ways to develop them, stressing the importance of European support for Iraq in its war against terrorism and in the field of election monitoring, and renewing European support for UN Security Council Resolution No. 2576, which supports the international contribution to monitoring the Iraqi elections.

During the meeting, Mr. Al-Kazemi confirmed that the government had prepared all the requirements for holding the early elections on time, on October 10, and provided the appropriate conditions to ensure that their results were the true expression of the will of the Iraqi people.

For their part, the ambassadors affirmed the European Union's support for the Iraqi government's directions aimed at imposing the rule of law and economic reform, as well as its growing interest in developing investment opportunities that will result in providing more job opportunities.

They also expressed their confidence in the government's ability to meet citizens' demands, achieve their aspirations for a dignified life, and fulfill human rights standards.

The ambassadors affirmed the readiness of the European Union and its states to provide the support that Iraq needs to organize early elections, according to the priorities set by the Iraqi government, and in a manner that promotes broad participation and respects Iraqi sovereignty.

Media Office of the Prime Minister
17- June- 2021

*************
ARTICLE 2 (from Government of Iraq twitter account)

PM @MAKadhimi

The @IraqiGovt launches the annual government performance report on the most prominent achievements during the government of PM @MAKadhimi. Click here to view the full report https://bit.ly/3cqpEdt
*************
ARTICLE 3

Parliament talks about confusion in the currency and dollar auction and accuses the government of “disruption”
Thursday, June 17, 2021 5:56 PM

Today, Thursday, the Parliamentary Finance Committee talked about the confusion of the currency and the dollar exchange rate file, accusing the government of “looseness.”

Committee member Jamal Cougar told the National News Center that “the government bears the responsibility of not controlling the currency auction and the rise in dollar prices above the price set by the Central, especially as it pledged to monitor prices and their stability in the markets by pumping money in the event of increased demand for dollar”.

Cougar pointed out, "The government is in chaos and cannot control the markets and control them from manipulating the price of the dollar."

The committee member indicated that “controlling the rise in the price of the dollar in the market is an easy process,” calling on the Central Bank to “withdraw the legal licenses of each bank that manipulates dollar prices and prevent them from entering the currency auction.”

*************
ARTICLE 4

The US House of Representatives repeals the 2002 resolution that authorized the invasion of Iraq
2021-06-17 20:09:50

The US House of Representatives voted Thursday to repeal a 2002 resolution that paved the way for the US invasion of Iraq, Bloomberg News reported.

"Nearly 20 years have passed since Congress authorized the use of military force in 2002, and 10 years have passed since the official end of US military operations in Iraq," House Speaker Nancy Pelosi said.

"However, today, 10 years later, our nation is still operating under an outdated authorization of military force there is a danger of it being used, and in some cases it has been used as a carte blanche to conduct unrelated military operations."

The repeal, introduced by California Democratic Representative Barbara Lee, was approved by 268 lawmakers in favor of repealing it, to 161 to keep it.

*************
ARTICLE 5

Global Peace Index 2021: the world’s most and least peaceful countries ranked










Below here is the daily WOTS "Word on the Street" report

Today, Friday (June 18, 2021), Iraq news publishes the exchange rate of the dollar against the Iraqi dinar, in the capital, Baghdad, and five other provinces, with its stability at a relative high.

The exchange rate of (100) dollars on the Kifah Stock Exchange in the capital, Baghdad (148,550) dinars, and the price of (100) dollars on the Al-Harithiya Stock Exchange (148,700) dinars, and in other exchange offices, the selling price was (149,000) dinars, and the purchase price (140,000) dinars.

As for the Erbil Stock Exchange, its stability also recorded a rise, with the price of 100 dollars reaching (148,900) dinars, and in the Basra Stock Exchange, the price of 100 dollars (148,800) dinars, and in the Mosul Stock Exchange, the price of 100 dollars (148,900) dinars.

On the Stock Exchange of Sulaymaniyah Governorate, the price of 100 dollars (148,900) dinars was recorded. On the Stock Exchange of Duhok Governorate, the price of 100 dollars (148,900) dinars was recorded.


The Markets:
The Asian markets closed mixed NIK down by .19% HSI up by .85% SHANG down by .01%
The UK markets are currently trading in the red mostly from .20% to .82%  2 are to t the upsie by .06% and .30%
Our futures are currently trading mixed  DOW at 33643 down  by .15% SNP at 4207.75 down  by .11% NDX at 14180 up by .17%

Precious Metals:
Gold is green at 1792 Silver is green  at 26.46 Copper is green at 419 Platinum is red at 1080 
Brent 72 WTI  70   Bitcoin: 37,122 10 yr yield: 1.49


Favorite Currencies Forex Quotes

SymbolBidAskHighLowOpenChangeTime
 USD/IQD  1458.0000  1463.0000 1457.4000 1457.1000 1457.1000  0.1000 00:00
 USD/VND  22995.0000  23005.0000 22958.0000 22943.1000 22943.1000  19.2900 03:54
 USD/CNY  6.4361  6.4381 6.4492 6.4350 6.4467  -0.0114 05:16
 USD/KWD  0.3009  0.3019 0.3009 0.3009 0.3009  0.0000 03:55
 GBP/USD  1.3892  1.3894 1.3944 1.3855 1.3920  -0.0027 05:17
 USD/IRR  42000.0000  42210.0000 42097.5000 42097.5000 42097.5000  0.0000 00:00
 USD/IDR  14408.0000  14408.0000 14520.0000 14378.0000 14493.0000  -84.0000 05:15
Things in the News:

Iraqi Articles:


Source: A committee from Baghdad arrives in Erbil and checks the region's imports

link

A source in the Kurdistan Regional Council of Ministers revealed that an audit committee has arrived from Baghdad to Erbil, to audit the region's imports," noting that "the committee's work will end next week."

The source stated, on Thursday, that the committee began checking the imports of the border crossings of the Kurdistan region, and there will be no "argument preventing sending the Kurdistan region's share of the general budget" after the committee completes its work.
 
The Rapporteur of the Parliamentary Finance Committee, Ahmed Al-Saffar, said that "the Finance Committee consists of a specialized cadre, and it will work to audit the imports of the Kurdistan Region."
 
And the Federal Council of Ministers decided at its meeting on Tuesday to send 200 billion dinars per month as financial dues from the Kurdistan region’s share of the general budget.
 
The decision of the Council of Ministers came, after completing the process of auditing the data on the non-oil imports of the Kurdistan region, by the Federal Financial Supervision Bureau and in coordination with the Office of Financial Supervision in the Kurdistan Region.
  
According to the information, the specified amount of the Kurdistan region’s share will be disbursed retroactively, starting from January 1, 2021, and on this basis, one trillion and 200 billion dinars will be sent as financial dues to employees’ salaries for the first half of the current year.




The Minister of Industry from Damascus: Iraq is looking for balances and partnerships with all countries

link

Minister of Industry and Minerals, Manhal Aziz Al-Khabbaz, stressed the need to identify specific industrial sectors and activities to be a starting point from which we can proceed with focusing efforts and attention on how to establish facilities to proceed with cooperation between Iraq and Syria, stressing that Iraq is looking for shares and balances with all countries. The interest of Iraq is above everything.

During the expanded meeting held by the two sides in the Damascus Chamber of Industry and its countryside, in the presence of the Iraqi delegation, the head and members of the chamber, and a group of Syrian industrialists in various sectors, the baker indicated that "Iraq has capabilities in a number of industries, while it lacks other industries, which requires joint work for the purpose of returning them, especially in Industries in which Syria is strong, such as the textile and spinning industries, calling for the possibility of cooperation also in the industries of agricultural pesticides, veterinary medicines and the pharmaceutical industry, pointing out in this regard that the Ministry of Industry has many available opportunities and other possibilities to achieve partnership between the two countries.

In turn, the Syrian Minister of Industry indicated the keenness of the two parties to set the basic points of the work mechanisms, which indicates the desire of the two sides to find industrial joints that serve the two countries, stressing the readiness to support businessmen and industrialists in both countries to settle complementary industrial relations and provide an Iraqi-Syrian product that enters the market, pointing out that the Chamber The Damascus industry is one of the oldest rooms in Syria, and a group of Syrian industrialists belong to it, known for their ability to produce despite the conditions of war and siege


Hope rises for Baghdad-Erbil budget deal, but hurdles remain

Under a new agreement, Kurdistan could start receiving 200 billion Iraqi dinars per month.

Oil Report
Published Friday, June 18th, 2021

The leaders of Iraq's federal government and semi-autonomous Kurdistan Regional Government (KRG) have reached a notional agreement to implement a revenue-sharing deal that has been stalled since the ratification of the 2021 budget in April.

If both sides follow through, the agreement could unlock monthly federal budget payments of 200 billion Iraqi dinars ($138 million) to the KRG. But it remains unclear whether or when those transfers will actually happen, given the technical hurdles that might still need to be overcome before money is released, as well as staunch opposition from some political blocs.

This content is for registered users. Please login to continue.
If you are not a registered user, you may purchase a subscription or sign up for a free trial.

I just thought it is interesting this story is in the Oil Report

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 June  , 2021 total sales amount $ . FRIDAY

including   $0. CASH 

ISX Update:   

www.isx-iq.net/

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

6-18-2021   Intel Guru Frank26   Article:  "Vietnam:  Moody's raises HDBanks' credit rating outlook from stable to positive"  Taken off currency manipulation list and now credit rating increase...
6-17-2021   Newshound Guru Pimpy   Looks good you guys.  We want outside investors in there.  We see the Iraq dinar gaining against the dollar again.  We see other countries eager to come in and invest.  We see that things seem to have quieted down.  They're very stable.  These are all good positive news.  That's what we wanted and that's what we got...

6-17-2021   Newshound/Intel Guru Petra  The Finance Minister said, "the ministries is continuing to open up to the world to conclude the best relations.  To open a new horizon of cooperation.  To restore its rightful place among the nations of the world.  It's continuing with global openness and concluding investor relations."   Concluding.  That's past tense.  Finishing out.  Whatever work they're doing internationally they're finishing up... essentially they're making a declaration that they're doing business, they're opening up, they want to be recognized as a sovereign country (which the G7 just did) and now they're saying they're opening up for business.  It's a very very clear statement...

6-17-2021   Intel Guru Bruce   [via WiserNow]   I don’t usually do rates...I try to stay away from it – I will say this – If I told you what I knew the rates were - the ones that were on the screen – you would probably wouldn’t believe me anyway...we’re going to be fine – rates are the least of your worries...

6-17-2021   Intel Guru MarkZ   [via PDK]   We appear to be caught in a groundhog day today…lots of paymasters in place…lots of bankers in place…there is nothing negative... All the folks are still in place and redemption center folks are planning on being on call over the weekend…Last weekend they were not on call…so imo we are in a better spot now then we were then.  I am hearing a lot of static/chatter from my Iraq and middle east contacts. This has drug out longer than they expected.  They had expected things to already have rolled out there this week…they are pushing hard...I believe we are on top of this and awfully close.

6-17-2021   Intel Guru Frank26   Article:   "A national campaign to support the Iraqi dinar."  Yes indeed a new rate of 1 to 1 that they have been campaigning and talking about at the CBI is coming...pay close attention to the word that the governor of the CBI is using with citizens...he told you yesterday 'a campaign of education is now starting' and once again are those not my exact words...?

6-17-2021   Intel Guru Holly   There has been great expectations for the RV to begin today. The day is young and we have to see if the final release did happen overnight.   Just know we are in the end days as this is coming to a close. This can not go on much longer. All is being readied and prepared...We can clearly see the progress being made...

6-17-2021   Newshound Guru Pimpy    Article:  "After Barzani's announcement, a government source clarifies how to pay regions share of the budget"   That's right.  They finally came up with an agreement.  It only took 13 years, 6 months, 27 hours, 72 minutes and 84 seconds to do this...they agreed to retro it all the way back to January.  That makes sense...Here's the thing that's weird about this.  They've done this before.  Not that I'm trying to throw salt on this.  This is good news.  I like it.  But last time they agreed on something, some of the political blocks got in the way.  Let's hope that doesn't happen...I'm glad.  They finally ironed out their differences and it looks like an agreement is there.  Let's keep our fingers crossed.  We'll know if it's real when Kurdistan says they received their money and all is well over in dinar land...


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 the ambassadors of the European Union countries in Iraq

Today, Thursday, the Prime Minister, Mustafa Al-Kazemi, received the ambassadors of the European Union in Iraq.

During the meeting, they discussed Iraqi-European relations and ways to develop them, stressing the importance of European support for Iraq in its war against terrorism and in the field of election monitoring, and renewing European support for UN Security Council Resolution No. 2576, which supports the international contribution to monitoring the Iraqi elections.

During the meeting, Mr. Al-Kazemi confirmed that the government had prepared all the requirements for holding the early elections on time, on October 10, and provided the appropriate conditions to ensure that their results were the true expression of the will of the Iraqi people.

For their part, the ambassadors affirmed the European Union's support for the Iraqi government's directions aimed at imposing the rule of law and economic reform, as well as its growing interest in developing investment opportunities that will result in providing more job opportunities.

They also expressed their confidence in the government's ability to meet citizens' demands, achieve their aspirations for a dignified life, and fulfill human rights standards.

The ambassadors affirmed the readiness of the European Union and its states to provide the support that Iraq needs to organize early elections, according to the priorities set by the Iraqi government, and in a manner that promotes broad participation and respects Iraqi sovereignty.

Media Office of the Prime Minister
17- June- 2021

*************
ARTICLE 2 (from Government of Iraq twitter account)

PM @MAKadhimi

The @IraqiGovt launches the annual government performance report on the most prominent achievements during the government of PM @MAKadhimi. Click here to view the full report https://bit.ly/3cqpEdt
*************
ARTICLE 3

Parliament talks about confusion in the currency and dollar auction and accuses the government of “disruption”
Thursday, June 17, 2021 5:56 PM

Today, Thursday, the Parliamentary Finance Committee talked about the confusion of the currency and the dollar exchange rate file, accusing the government of “looseness.”

Committee member Jamal Cougar told the National News Center that “the government bears the responsibility of not controlling the currency auction and the rise in dollar prices above the price set by the Central, especially as it pledged to monitor prices and their stability in the markets by pumping money in the event of increased demand for dollar”.

Cougar pointed out, "The government is in chaos and cannot control the markets and control them from manipulating the price of the dollar."

The committee member indicated that “controlling the rise in the price of the dollar in the market is an easy process,” calling on the Central Bank to “withdraw the legal licenses of each bank that manipulates dollar prices and prevent them from entering the currency auction.”

*************
ARTICLE 4

The US House of Representatives repeals the 2002 resolution that authorized the invasion of Iraq
2021-06-17 20:09:50

The US House of Representatives voted Thursday to repeal a 2002 resolution that paved the way for the US invasion of Iraq, Bloomberg News reported.

"Nearly 20 years have passed since Congress authorized the use of military force in 2002, and 10 years have passed since the official end of US military operations in Iraq," House Speaker Nancy Pelosi said.

"However, today, 10 years later, our nation is still operating under an outdated authorization of military force there is a danger of it being used, and in some cases it has been used as a carte blanche to conduct unrelated military operations."

The repeal, introduced by California Democratic Representative Barbara Lee, was approved by 268 lawmakers in favor of repealing it, to 161 to keep it.

*************
ARTICLE 5

Global Peace Index 2021: the world’s most and least peaceful countries ranked

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