WOTS TUE AUG 31 21
Al-Fateh calls for the return of the dollar price
These are the articles I discussed in today's My FX Buddies Podcast:
A candidate for Al-Fateh calls for the return of the dollar price and the recruitment of manpower
Madiha Al-Maksusi, a candidate for the Al-Fateh Alliance, called today, Monday, to return the price of the dollar to its normal position, open factories and attract manpower.
Al-Maksousi said in “Hassad Al-Ayam” that “in order to strengthen the economy, industry must be activated and the national product and agriculture encouraged,” noting that “the national economy was not given the opportunity to file a file and the participation of governments.”
She added, "The routine delayed work a lot because of the occupation, and the government and parliament did not succeed in imposing a law in order to work," noting that "taxes must be imposed on foreign products and encourage local products, and this is what is happening all over the world."
Al-Maksusi added that "there are many resources that Iraq can rely on as an economic auxiliary to oil," noting that "Iraqi crops are not exploited because of the opening of the borders to the importer."
She explained that "due to the large number of wheat cultivation, the government was unable a while ago to fulfill the farmers' rights," noting that "the dollar price must be returned to its normal position, the opening of factories and the recruitment of manpower."
Al-Maksousi continued, "Iraq needs investment, and there are many provinces in which there is a safe environment to protect the investor."
Positive international echoes towards the Baghdad Conference for Cooperation and Partnership
The race to enter the government palace: The Sadrist movement gives Al-Kazemi's fortunes a booster dose for a second term
The return of the Sadrist movement to the elections gave an energizing dose to the chances of the current prime minister, Mustafa Al-Kazemi, in obtaining a second term, while the leader of the State of Law coalition, Nuri al-Maliki, faces a number of obstacles, impeding the achievement of his goals in reaching the government palace.
According to leaks from the office of the Prime Minister and the circles surrounding him, he expressed his willingness to occupy his position in the next session, as a candidate for the Sadrist movement, especially since the relationship between the two parties is strong, and has gone beyond the exchange of views, to coordinating joint work, according to the writer and journalist Sarmad Al-Taei. "The upcoming elections will produce new numbers and according to two forms, the first will satisfy the people, if they are conducted according to acceptable contexts and appropriate conditions, and the second, if they are conducted according to the conditions of the armed forces, will be rejected, and no government will be produced," explaining that the next government, "will come on According to the rules that the people wanted, and expressed during the demonstrations, "noting that:" the Sadrist movement is the closest to Al-Kazemi, and the relationship between the two parties will impose its impact in the post-election stage, and put forward the appropriate personality to occupy the position of prime minister of the next government."
While the Sadrist movement announced its quest for the presidency of the Council of Ministers in the next stage, as part of its reform project, it expressed its willingness to nominate a person from outside the movement, to take over the position. For the purpose of implementing his reform project in establishing a state that enjoys complete independence and is able to meet the people’s economic, social and service requirements,” he added: “The leader of the current did not specify the nomination of a candidate for the new government, and it is not unlikely that Al-Kazemi will be, given his adoption of the Sadrists’ project in achieving comprehensive reform.” He stressed that the stage The future: “It requires the concerted efforts of all political forces and the strengthening of joint cooperation to achieve national interests,” noting that::The understandings of the Sadrist movement with the Kurdish parties and other forces have reached advanced stages in drawing up a road map that will be adopted in the negotiations to choose the three presidencies.
The Sadrist movement’s insistence on adhering to the premiership requires American support, and this condition is available in Al-Kazemi, who is also supported by Kurdish parties, and forces representing the Sunni component. Another candidate who may not meet the conditions that convince the other forces.” He added, “My information confirms the existence of understandings between the Sadrist movement and Al-Kazemi, which will lead to the latter’s nomination as a candidate for a second term.” A politician representing the Sunni component, and he will be one of the contenders for the position."
In light of what is published by the media, and announced by the electoral campaigns of the leader of the State of Law coalition, Nuri al-Maliki, the former Minister of Youth Abdul-Hussein Abtan, Muhammad Shiaa al-Sudani, Qasim al-Araji, the Governor of Basra, Asaad al-Eidani, and the Secretary-General of the Iraqi Loyalty Movement Adnan al-Zarfi, all of them expressed their desire to run. to head the government. Among all the contenders to reach the government palace, Al-Zorfi is ahead of everyone, as he won the confidence of political forces and members of the House of Representatives, when the President of the Republic, Barham Salih, assigned him in March of last year to head the interim government, and soon decided to withdraw from performing the task in protest against regional interventions.
While the chances of candidacy vary between the contenders for the position of prime minister, the parliamentary size and the map of alliances will be the decisive factor in choosing the person qualified to take the position. The appropriate personality is subject to the parliamentary size, and the influence of the candidate’s bloc in persuading the other parties.” He added that: “The post-election stage will witness arduous negotiations regarding the selection of the three presidencies, for each party to adhere to its demands and refuse to make concessions.” He pointed out that the established rule in Iraq: “It will not change.” The president of the republic is for the Kurds and the parliament is for the Sunni component, and the presidency of the government is for the Shiites, with the emergence of differences within the parties to the one component to obtain the position in favor of one party at the expense of the other.”
By announcing the election results, the picture will be clear to identify the key players who will enter the negotiating marathon, and prepare to enter a new phase, achieving the demands of the Iraqis in an atmosphere of political and security stability, and economic advancement.
Abdollahian says he met the Saudi foreign minister on the sidelines of the Baghdad summit
Today, Tuesday, Iranian Foreign Minister Hossein Amir Abdollahian confirmed that he met his Saudi counterpart, Faisal bin Farhan, on the sidelines of the Iraq Neighboring Countries Conference, which was held in Baghdad last Saturday.
Abdullahian said, in a statement to Iran's Channel Two TV, that Bin Farhan "blessed" him for assuming the position of foreign minister, and told him that the Saudi government "will begin its contacts with Iran with the start of the tasks of the new government in it."
But Abdollahian pointed out at the same time that "no talks were held with the Saudis during the visit."
The Iranian Foreign Minister also praised the talks he had with UAE Prime Minister and Ruler of Dubai Sheikh Mohammed bin Rashid, noting that they were "good", and said that bin Rashid "welcomed the development of trade cooperation with the Islamic Republic."
He added, "I also discussed with the Emir of Qatar, Sheikh Tamim bin Hamad, the development of relations between the two countries."
Abdollahian said that French President Emmanuel Macron "came to me twice and said that they would like me to visit Paris to continue bilateral talks between the two countries in various fields, and there was an opportunity to meet with the Egyptian president in the presence of the Iraqi president.
Nassar Al-Rubaie: The just distribution of the wealth of the Iraqis is the one that unites them
The leader of the Sadrist movement, Nassar al-Rubaie, confirmed, on Monday, that the federal system in Iraq is the best solution in the way of governance in Iraq.
Al-Rubaie said, during his participation in the "Al-Rafidain Forum for Dialogue" and followed by "Nass" (August 31, 2021): "Any people of multiple sects and ethnicities, especially in Iraq, have become partisan pluralism, which is an ethnic and sectarian representation, as partisan pluralism has strengthened that The problem is that she takes this or that identity.
He pointed out that "Iraq needs a political will to build a strong modern state that fulfills the hopes of the Iraqi people, and is based on a fair distribution, because the unified for the Iraqis is the equitable distribution of wealth."
He pointed out that "the political process in Iraq has gone through several controversies and the regime in 2003 fell as a result of the occupation of legislators from the United Nations."
He continued, "The dialectic of occupation and liberation continues until the moment, instead of discussing progress in the field of development and news," noting that "the mechanism in which the constitution was written was dependent on the transitional government, and the greatest harm in it is that the occupation does not exit without the presence of a constitution and a legitimate government."
Al-Rubaie stressed, "The constitution needs to explain many of its paragraphs instead of jurisprudence, and the Federal Court is concerned with this matter."
And he touched on the oil and gas law, stressing that "if the oil and gas law was approved, it would achieve sustainable development in all sectors in Iraq, and would put an end to the trespassers on the country's wealth."
Al-Kazemi stresses the development of Iraq's oil wealth and not depleting it
Prime Minister Mustafa Al-Kazemi stressed on Tuesday the need to develop the country's oil wealth and not continue to deplete it.
Al-Kazemi said in a speech during the cabinet session that took place today, "We will continue to work to activate the Future Generations Fund, based on a sense of responsibility towards our children and grandchildren."
He added, "We want to secure Iraq's future away from dependence on an unsustainable economy, as the oil wealth will not be dominant for the rest of its life, and many countries have begun to search for alternative and clean energies."
Al-Kazemi continued by saying, "We inherited the oil wealth from our fathers, and we are supposed to develop this great legacy, not just drain it, and deprive future generations of its bounties.
Al-Kazemi: No country can rule Iraq
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Iraqi Prime Minister Mustafa Al-Kazemi said, on Tuesday, that his government succeeded in organizing the "Baghdad Cooperation and Partnership" conference, welcoming at the same time the Sadrist movement's decision to abandon the boycott of the elections scheduled for next October.
Al-Kazemi said during the Iraqi government session in Baghdad: "We succeeded in holding the Baghdad Conference for Cooperation and Partnership, and its repercussions were great locally, regionally and globally."
Last Saturday, Baghdad hosted the Iraq Neighborhood Summit, in an unprecedented move by the international community in the country, which has suffered many wars and crises.
Iraq says that the summit was an important step in restoring its regional position.
Al-Kazemi added, "We want to secure Iraq's future away from dependence on an unsustainable economy, as oil wealth will not be in control for life, and many countries have begun to search for alternative and clean energies."
He continued: "Our goal is above all to take into account the interest of Iraq, and this does not mean that it be at the expense of our brothers and friends from Arab and regional countries, but rather on the basis of common interests."
He said: "Iraq must return in a manner worthy of its great name and history, which represents the cradle of civilizations."
He added, "We were keen for Iraq to control its security, politics and economy away from any interference. In no case can Iraq be ruled by another country, and Iraq cannot be isolated from its regional and international surroundings, which is what we are working on by strengthening cooperation relations based on mutual respect." to sovereignty.”
general election
Regarding the upcoming elections, the Iraqi Prime Minister said: "I urge citizens to participate in the elections by social activities is a very important matter, as the decline in participation in the previous elections was one of the reasons that led to many problems."
He continued: "The return of the Sadrist movement to participate in the elections is a good step that added momentum to the elections, and I call on all the boycotters to return and participate in the elections."
He said, "It is not strange that there is competition between the political parties, but it is strange and shameful that this competition affects Iraq and its people."
He stressed, "We will not compliment at the expense of the country, whatever the cost."
And he added, "We are moving in the right direction and steadily towards combating corruption, and we have made great progress in this file, despite the political interference."
The region's trade urges China to invest in Kurdistan
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The Ministry of Trade and Industry in the Kurdistan Regional Government urged today, Tuesday, Chinese and foreign company owners and traders to invest in the region, stressing that it has granted more than 2,750 commercial licenses this year.
A statement by the ministry, received by Shafaq News Agency, stated that the Commercial General Manager, Nawzad Sheikh Kamel Mahmoud, represented the ministry in the third direct (online) conference between the Kurdistan Region and China, especially the city of Jan Hein.
The statement indicated that Mahmoud announced during the conference that at a time when countries are suffering from the Corona epidemic, which has killed tens and hundreds of people, and in which the commercial movement has stopped and many losses have occurred to their economies, the revenues and livelihoods of many people and countries are at risk.
The statement added that Mahmoud said that with the unfavorable health conditions, the ministry was able to sustain commercial work while taking strict measures, noting that the current year witnessed the granting of 2,750 commercial licenses to traders, importing goods from many countries and conducting dozens of contracts and commercial transactions.
He explained that the Ministry of Trade and Industry in the ninth ministerial formation of the regional government and within the framework of its plan urges companies and traders in the world, especially the Chinese, to invest in the region because of all those facilities it provides for investment and commercial work in the region, indicating that the investment law and the trade law give good opportunities for investors and traders to come To the region and operating their capabilities by investing in the industrial and commercial aspects and transferring the excess production of cement, agriculture, iron and other products from Kurdistan to their countries within the framework of trade exchange.
Below here is the daily WOTS report "Word on the Street" for August 31 21:
Publishes the dollar exchange rates on the local stock exchange for Tuesday, (August 31, 2021), according to the monitoring of specialists.
Baghdad - the stock exchange
147,300
....
The price is in most Baghdad exchanges
Purchase
146,750
Sale
147,750
——————
Basra - Bursa
147,400
——————
Erbil - Bursa
147,375
Favorite Currencies Forex Quotes
Symbol | Bid | Ask | High | Low | Open | Change | Time |
---|---|---|---|---|---|---|---|
USD/IQD | | | 1457.1000 | 1457.1000 | 1457.1000 | | 06:07 |
USD/VND | | | 22772.2900 | 22771.8500 | 22772.2400 | | 00:21 |
USD/CNY | | | 6.4708 | 6.4566 | 6.4649 | | 05:20 |
USD/KWD | | | 0.3006 | 0.3004 | 0.3006 | | 03:48 |
GBP/USD | | | 1.3801 | 1.3753 | 1.3758 | | 05:21 |
USD/IRR | | | 42097.5000 | 42097.5000 | 42097.5000 | | 00:00 |
USD/IDR | | | 14342.0000 | 14217.0000 | 14334.0000 | | 05:20 |
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A candidate for Al-Fateh calls for the return of the dollar price and the recruitment of manpower
Madiha Al-Maksusi, a candidate for the Al-Fateh Alliance, called today, Monday, to return the price of the dollar to its normal position, open factories and attract manpower.
Al-Maksousi said in “Hassad Al-Ayam” that “in order to strengthen the economy, industry must be activated and the national product and agriculture encouraged,” noting that “the national economy was not given the opportunity to file a file and the participation of governments.”
She added, "The routine delayed work a lot because of the occupation, and the government and parliament did not succeed in imposing a law in order to work," noting that "taxes must be imposed on foreign products and encourage local products, and this is what is happening all over the world."
Al-Maksusi added that "there are many resources that Iraq can rely on as an economic auxiliary to oil," noting that "Iraqi crops are not exploited because of the opening of the borders to the importer."
She explained that "due to the large number of wheat cultivation, the government was unable a while ago to fulfill the farmers' rights," noting that "the dollar price must be returned to its normal position, the opening of factories and the recruitment of manpower."
Al-Maksousi continued, "Iraq needs investment, and there are many provinces in which there is a safe environment to protect the investor.
Abdollahian says he met the Saudi foreign minister on the sidelines of the Baghdad summit
Today, Tuesday, Iranian Foreign Minister Hossein Amir Abdollahian confirmed that he met his Saudi counterpart, Faisal bin Farhan, on the sidelines of the Iraq Neighboring Countries Conference, which was held in Baghdad last Saturday.
Abdullahian said, in a statement to Iran's Channel Two TV, that Bin Farhan "blessed" him for assuming the position of foreign minister, and told him that the Saudi government "will begin its contacts with Iran with the start of the tasks of the new government in it."
But Abdollahian pointed out at the same time that "no talks were held with the Saudis during the visit."
The Iranian Foreign Minister also praised the talks he had with UAE Prime Minister and Ruler of Dubai Sheikh Mohammed bin Rashid, noting that they were "good", and said that bin Rashid "welcomed the development of trade cooperation with the Islamic Republic."
He added, "I also discussed with the Emir of Qatar, Sheikh Tamim bin Hamad, the development of relations between the two countries."
Abdollahian said that French President Emmanuel Macron "came to me twice and said that they would like me to visit Paris to continue bilateral talks between the two countries in various fields, and there was an opportunity to meet with the Egyptian president in the presence of the Iraqi president.
Al-Zubaidi calls for the transfer of the approval of next year's budget to the new government
The independent candidate, Thaer Munir Al-Zubaidi, demanded the transfer of the approval of the next year's budget to the new government.
He said in a press statement that: The government does not have the right to prepare or approve the financial budget for the year 2022, especially as we are heading to the parliamentary elections.
Al-Zubaidi added that: the next financial budget falls on the shoulders of the next new government, and it is the one who decides under a vision different from the vision of this current government.
He explained that: the current government approved a budget that did not serve the Iraqi people and was not at the level of their ambition in meeting their demands and legitimate rights.
Positive international echoes towards the Baghdad Conference for Cooperation and Partnership
CBI Update: Just a note:
including $44,240,000. CASH
ISX Update: Shares Traded: not updated for todayValue Traded: not updated for today
8-30-2021 Newshound Guru Pimpy There is a huge summit. I was excited about it. I was hoping to hear some great things about it and of course al my hopes came true...there's a lot of information going on about the summit and it's success...there was a lot of great counties, 9 in total...what they were doing was really wishing Iraq luck and they all support Iraq ready to be on their own...finally have their own sovereignty reinstated. All of them are agreeing to support Iraq...They support the White Paper reforms and they all agreed on different forms of trade and security and education...they whole 9 years. That's what I really was hoping for...
8-30-2021 Intel Guru RVAlready Iraq is going to start selling bonds like most countries do. This should mark the end of the currency auctions and the release of the RV. I'm hoping to see 800 numbers no later than Wednesday. Let's get this show on the road!!!!
8-30-2021 Intel Guru MarkZ I'm definitely hearing the goal is by September 1st for the release. I am being told by the banking side that they don't expect people in th ebanks until the next Tuesday after the long Labor Day weekend. This would put us at Sept 7th
8-30-2021 Intel/Newshound Guru Frank26 Article "Al-Kazemi: The Baghdad conference embodies Iraq's vision of establishing the best relations with its surrounding and the world." Didn't I tell you Iraq would become the central hub? Didn't I tell you Iraq was important to the Middle East...didn't I tell you everybody is counting on Iraq to raise the value of its currency. The phoenix rises from its ashes. This is an amazing article.
8-30-2021 Newshound Guru Pimpy I know there's people out there once again talking about tier 1, tier 2, d1, d2, military intel confirmed this, this person confirmed that person's intel...if you keep saying that something is going to stick against the wall and you keep throwing against it, eventually something, sometime within 20 years it's actually going to stick...so fingers crossed. It's looking good.
8-30-2021 Intel/Newshound Guru Frank26 Frank Article "The collapse of the Iraq Stock Market" Penny stocks you need to sell millions and million of them in order to make a few thousand dollars. How many investors do you know that want to invest their money in something like that...the excitement IMO many of these brokerage outlets are well aware that the Iraqi dinar exchange rate it about to change and because they know that they're pumping a lot of information about the Iraqi dinar into Forex, into Wall Street...everybody knows that they are no longer worthless. This is a very good article...
ARTICLE 1-A (from PM Kadhimi's website; posted only on Arabic side, not on English side)
ARTICLE 1-B (from PM Kadhimi's website; posted only on Arabic side, not on English side)
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