WOTS FRI JUL 30 21
Secret visits accompanied by attacks.. Militias reveal Iran's "code" in Iraq
No My FX Buddies Podcast today
Today, Friday, the dollar exchange rates witnessed stability in the local markets.
Where the sale of the dollar recorded 148,000 dinars per 100 dollars, while the purchase prices of the dollar recorded 147,000 dinars per 100 dollars.
And the Central Bank of Iraq decided earlier to adjust the exchange rate of the dollar against the Iraqi dinar, as the purchase price of the dollar from the Ministry of Finance amounted to 1450 dinars, and the price of selling it to banks was set at 1460 dinars per dollar, while the selling price to the citizen is 1470 dinars per dollar.
The Markets:
The Asian markets closed mixed NIK down up by 1.80% HSI down by 1.35% SHANG down by .42%
The UK markets are currently trading in the red from .39% to 1.12%
Our futures are currently trading down DOW at 34830 down by .42% SNP at 4377.75 down by .77% NDX at 14860.75 down by 1.18%
Precious Metals:
Gold is red at 1827 Silver is red at 25.58 Copper is red at 450 Platinum is red at 1050
Brent 75 WTI 73 Bitcoin: 38,770 10 yr yield: 1.24
Favorite Currencies Forex Quotes
| Symbol | Bid | Ask | High | Low | Open | Change | Time |
|---|
| USD/IQD |  1432.8000 |  1483.4000 | 1457.4000 | 1457.4000 | 1457.4000 | 0.2000 | 06:07 |
| USD/VND | 22950.0000 | 22960.0000 | 22949.3500 | 22948.2500 | 22948.2500 | 1.2500 | 05:12 |
| USD/CNY | 6.4640 | 6.4660 | 6.4665 | 6.4509 | 6.4554 | 0.0094 | 05:31 |
| USD/KWD | 0.2999 | 0.3009 | 0.3003 | 0.3001 | 0.3003 | -0.0002 | 05:12 |
| GBP/USD |  1.3969 | 1.3970 | 1.3983 | 1.3934 | 1.3959 | 0.0010 | 05:31 |
| USD/IRR | 42000.0000 | 42210.0000 | 42097.5000 | 42097.5000 | 42097.5000 | 0.0000 | 00:00 |
| USD/IDR | 14453.0000 | 14453.0000 | 14482.0000 | 14406.0000 | 14409.0000 | 44.0000 | 05:31 |
Things in the News:
Iraqi Articles:
Oil prices fall as restrictions are lifted
link
Oil prices fell on Friday, but were still on track to achieve significant weekly gains, with demand growing faster than supply, while vaccinations are expected to mitigate the impact of a new rise in Covid-19 infections around the world .
Brent crude futures for September delivery, which expire on Friday, were down 45 cents, or 0.6 percent, at $75.60 a barrel by 0506 GMT, after jumping 1.75 percent on Thursday .
The most active Brent crude contract for October delivery fell 48 cents, or 0.6 percent, to $74.62 a barrel .
US West Texas Intermediate crude futures fell 43 cents, or 0.6 percent, to $ 73.19 a barrel, trimming Thursday's gain of 1.7 percent .
"Oil prices fell slightly on cautious sentiment across Asia-Pacific markets as investors weighed virus fears, weaker-than-expected US GDP and jobs data, " said Margaret Yang, a strategist at Singapore-based DailyFX .
The two benchmark contracts are heading towards achieving gains of about two percent for the week, supported by indications of tight crude supplies and strong demand in the United States, the largest oil consumer in the world .
"This week, oil prices received support from a weaker US dollar and strong earnings for US companies. However, the rise in COVID-19 cases due to the infection with the Delta mutated strain in the United States may cast a shadow on the demand outlook," Yang said .
US refiners Valero Energy ( NYSE:VLO ) and BPF Energy reported results that beat analysts' expectations.
Secret visits accompanied by attacks.. Militias reveal Iran's "code" in Iraq
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A direct relationship between the secret visits of Iranian officials to Iraq, and the militia attacks on American interests in the country, the code of which is revealed by the Katyusha missiles.
The attacks precede or follow the visit of Iranian officials, but they do not cease to coincide with the visit of the commander of the Quds Force of the Iranian Revolutionary Guards, or the head of intelligence.
The new episode in the series of Iranian tampering with the security of Iraq is the targeting of the vicinity of the American embassy in Baghdad with two Katyusha missiles, two days after a secret and unannounced visit of the Iranian Quds Force commander, Ismail Qaani, to Baghdad.
The attack also coincides with the return of Iraqi Prime Minister Mustafa Al-Kadhimi from Washington after a visit in which it was agreed to end the "combat mission" of the United States in Iraq by the end of the year, amid dissatisfaction among the militias loyal to Iran, for the withdrawal.
And just two weeks ago, the militias intensified their attacks on the American forces, targeting the Taji camp and the Green Zone in Baghdad, while Qaani was also on a "secret" visit to Iraq.
Qaani’s four visits so far to Baghdad since he assumed the leadership of the Quds Force, succeeding the slain General Qassem Soleimani, and the militias’ celebration of it by launching missiles that do not leave victims, in which analysts read double messages, part of which is directed to support the militias, and the other to pressure the Al-Kazemi government to influence him in Take any step towards the future of armed groups, and the fate of US forces in the country
In the first week of this month, the militias targeted Washington’s interests in Iraq, and 3 drones carrying explosive materials attacked a base located near the US embassy in the capital, Baghdad, and at that time, the head of the Revolutionary Guards’ intelligence service, Hussein Taeb, was visiting the Iraqi capital, and he met the leaders of the loyal factions. for Tehran.
A convoy of the international coalition was also attacked with explosive devices in southern Iraq, followed by the targeting with 3 missiles of the Ain al-Assad base, where US forces are located in the west of the country, coinciding with Taeb's visit.
The circumstances of Taeb's visit are similar to Qaani's visit last June, when the bombing of Baghdad Airport was targeted by a drone, preceded by another missile attack on Balad Air Base, north of the Iraqi capital.
However, what is remarkable is that all the aforementioned attacks have a common denominator, which is that they do not cause casualties, nor significant losses; This suggests that the militias are sending messages through a media echo; To put some kind of pressure on Al-Kazemi before and after his visit to Washington.
In addition, the militias fear a devastating US response in the event of casualties, as happened when an American retired was killed in December 2019, in an attack on a camp in the city of Kirkuk in northern Iraq.
At the time, Washington responded with raids targeting sites of pro-Iranian factions near the Syrian border, which resulted in 20 deaths and heavy losses, which Tehran and its militias fear in Iraq.
The code of the Iranian messages, then, has become exposed to all; Targeting American interests without causing casualties, and without hitting the target accurately, to pressure the Iraqi government to overlook the militia’s uncontrolled weapons, and leave the rope to the west for the political influence of its arms in the partisan scene, then the skirmish with Washington to confirm Tehran’s rejection of foreign forces staying in the neighboring country.
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 July 30th, 2021 total sales amount $ . FRIDAY
ISX Update:
www.isx-iq.net/
Shares Traded: not updated for today
Value Traded: not updated for today
7-30-2021 Intel Guru Frank26 the white papers contain the new rate. The budget contains the new rate. The second set of books contains the new rate. The international world contains the new rate...
7-29-2021 Intel Guru MarkZ [via PDK] [Anything new on IQD rates?] Still hearing $3.90 to $4.00 for the dinar street rate …still hearing $8.00 contract rate…screens are showing rates in the teens…but they are bouncing all over the place.
7-29-2021 Newshound Guru Pimpy Article: "Al-Kazemi's advisor: Were it not for the monetary policy stance of the Central Bank, the situation would have been very dangerous" This one blows my mind...They keep coming out with articles explaining to people why they made the adjustments to the exchange rate. Why? You've already said it once. You said it twice. As a courtesy said it a third time. Why are you saying it 20 times? What is really going on that you have to keep talking about why it is you devalued the Iraqi dinar. We get it but we also realize what is going on in your economy...
7-29-2021 Intel Guru MarkZ [via PDK] Still waiting for the banking side to tell me when they expect the RV to fit in… [So next week for us most likely?] If I had to make a guess...yes…but they could pull this thing at any moment and throw us all off.
7-29-2021 Newshound Guru Breitling Question: "Did Iraq join the WTO? And how would that effect the revelation?" No they did not join the WTO...They're not full fledged members of the WTO. They don't have to be.
7-29-2021 Intel Guru Frank26 The CBI quiet before the perfect storm. IMO the CBI has good reason why they're quiet right now because they're talking with the United States Treasury in Washington D.C...the CBI is quiet for at least 6 or 7 days now because the perfect storm is developing and the eye of this perfect storm is in Washington D.C... UPDATE: Today the CBI came back out and started talking again...holy cow they're parrots on steroids. What they talked about was the education [to the citizens]...
7-29-2021 Intel Guru Holly So where are we: There is major silence...When things are silent that is a very good sign. I am told they want this to be released by the end of the month.
7-29-2021 Intel Guru MarkZ [via PDK] ...the Iraqi dinar and the Kuwaiti dinar street rates...should be on parity with each other for stability in the area and they all share joint oil fields.
Catnip's Corner:
ARTICLE 1 (from PM Kadhimi's website; posted only on Arabic side, not on English side; 9 pix)
Prime Minister Mustafa Al-Kazemi returns to Iraq after an official visit to the United States of America
Today, Thursday, Prime Minister Mustafa Al-Kazemi and the government delegation accompanying him returned to the homeland after concluding an official visit to the United States of America that lasted for several days.
Upon his return, His Excellency was received by a number of ministers, heads of bodies, and representatives of social activities.
His Excellency described the visit as culminating in the achievement of the organization, and the establishment of the foundations of the permanent relationship and partnership with the United States of America, in various fields, the most important of which are security, economy, health, education, culture, energy, environment, investment and other outlets of constructive bilateral cooperation.
Al-Kadhimi confirmed what was agreed upon that no US combat forces would be present in Iraq on December 31, 2021.
The Prime Minister added that Iraq is continuing its quest to provide decent opportunities for our people, and to find new beginnings for everything that contributes to serving the citizens.
His Excellency expressed his thanks and appreciation to the Iraqi national political forces; For its support of the government's efforts in the negotiations, and its support for the outcomes that have been reached.
Mr. Al-Kazemi indicated the pride of the Iraqi government and people in what was achieved in favor of preserving the Mesopotamian heritage by recovering 17,000 artifacts, which were received from the United States of America, and returned with the delegation on the same plane.
The Prime Minister reiterated his confidence in the contribution of our beloved Iraqi people in the elections of October 10, 2021, indicating that the boycott will not serve anyone and that we have serious work to conduct the elections.
Media Office of the Prime Minister
29 - July - 2021
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ARTICLE 2 (from Government of Iraq twitter account)
7-30-2021 around 9 am Eastern The government annual performance report provide a comprehensive evaluation of the implemented government program in all sectors from May 2020 to May 2021, including the energy sector. Click here to view the full report https://bit.ly/3cqpEdt: *************
ARTICLE 3
2021/07/29 18:17
Al-Kazemi's advisor: Iraq is far from the scenario of Lebanon.. It has oil and it is of high financial strength
Baghdad / Obelisk: Adviser to the Prime Minister for Economic Affairs, Mazhar Muhammad Salih, ruled out, Thursday, July 28, 2021, the re-run of Lebanon's economic scenario in Iraq, as it owns oil and is of high financial strength.
Saleh told Al-Masala, "The economic situation in Iraq is good and is unlikely to reach what Lebanon has reached, as it has collapsed banking and tourism. As for us, we have a strong financial leverage, which is oil revenues, and despite the fact that our economy is rentier, it has resources that are constantly being spent and it is considered sustainable for life, even if there are risks." For the future, as it is dependent on oil prices, but the oil sector leads to cohesion in the economy in any way."
He added that "the accounts of the Central Bank are strong at the present time and began to rise, and the efficiency indicators are also efficient," noting that "the reduction in the exchange rate of the dinar has affected the economic situation, since most of the materials are imported due to the cessation of industry and our dependence on the importer, but there are things in return, materials that have not changed and remained stable, such as services governmental".
Saleh pointed out that "the economic situation is improving, despite it affecting some people and its need for treatment policies, which is important for how to address the poor and disadvantaged classes."
Adviser to the Prime Minister for Economic Affairs Mazhar Muhammad Salih revealed, on Thursday, July 29, 2021, an expected improvement in the vocabulary of the ration card in terms of quantity, quality of materials and the regularity of their distribution, calling at the same time, Parliament to the need to legislate the law of partnership between the private and public sectors to contribute to moving the wheel of the economy.
Saleh revealed a new policy for the government regarding the ration card.
Saleh said, in a statement to the Obelisk: The trend will be to improve the quality and regularity of the card, in order to touch the poor classes as much as possible, and this matter, if it is achieved, will give great hope.
And Saleh indicated that there is work to make the card regular and of good quality and affects the poor classes, as well as work to expand social welfare and the ministry should reflect its studies on cash assistance.
In addition, Mazhar Muhammad Salih called on Parliament to legislate a law on partnership between the private and public sectors for its contribution to moving the wheel of the economy.
Saleh told "The Obelisk" that the government is facing a legislative obstacle that is not approving the law on partnership between the private and public sectors, because there is a dispute over it in Parliament, expressing his hope that these differences will be resolved in the service of the country's economy.
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ARTICLE 4
2021/07/29 19:54
The Minister of Culture announces the arrival of 17,000 antiquities to the country in the largest recovery operation
Baghdad / Obelisk: The Minister of Culture, Hassan Nazim, announced on Thursday, July 28, 2021, the arrival of 17,000 antiquities from the United States, in the largest recovery operation.
Nazim said in a press conference at Baghdad International Airport, "The antiquities that arrived in Iraq are from the clay figure, which Iraq recovered and returned to its original land."
He added, "The recovered antiquities came with the unremitting efforts of the Ministries of Foreign Affairs and Culture represented by the Antiquities and Heritage Authority, and a great effort from the Iraqi Embassy in Washington."
He continued, "Iraq will continue to work to recover the antiquities that were stolen and looted from the homeland, and the recovered antiquities will be displayed in the Iraqi Museum."
In turn, the head of the Antiquities and Heritage Authority, Laith Hussein, confirmed that "most of the recovered pieces date back to the period of Ur III dynasty 2121-2004 BC, from the modern Sumerian era."
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ARTICLE 5
A study reveals new benefits of eating colorful fruits and vegetables daily
2021-07-29 | 09:22
A new American study revealed that eating colorful fruits and vegetables - such as: grapefruit, carrots, and peppers - can reduce the risk of mental decline by more than a third.
The study indicated that people who eat a diet rich in flavonoids may be less likely to suffer from cognitive decline.
Flavonoids are one of the powerful antioxidants that are naturally found in vegetables and fruits, such as: strawberries, celery, apples, and others, according to the British newspaper, “Daily Mail”.
During the study, researchers looked at data from nearly 50,000 men and women over a period of 20 years, and participants recorded how many times they ate several foods, while subjecting them to a number of questions about their cognitive abilities.
The results showed that people who ate more foods containing flavonoids in their diets, with at least half a serving per day, had a reduced risk of cognitive decline.
Flavones found in some spices, yellow or orange fruits and vegetables reduced memory loss by 38 percent by three to four years younger.
Anthocyanins, found in blueberries, berries and cherries, are also associated with a 24% lower risk of cognitive decline.
Dr Walter Willett, study author, said there is growing evidence revealing the power of flavonoids in relation to quality and thinking skills and the decline in age.
He added that the team's findings are exciting; Since they show that making simple changes to the diet can help prevent cognitive decline.
The researchers concluded that while it is possible that other phytochemicals aid in mental processes, a diet rich in flavonoids, especially flavonoids and anthocyanins, is a good way to promote long-term brain health.
Perhaps surprisingly, what the researchers pointed out, these protective effects were not linked to a specific time, as people who had been consuming flavonoids in their diet for 20 years or if they had recently started incorporating them benefited.
A previous study revealed that eating at least six servings of fruits and vegetables daily can reduce stress levels, as flavonoids can reduce inflammation and oxidative stress; What may improve mental health.
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