Saturday, January 29, 2022

WOTS FRI JAN 28 22 The Sadrist bloc on targeting Baghdad airport: We will make Iraq free of uncontrolled weapons

WOTS FRI JAN 28 22 The Sadrist bloc on targeting Baghdad airport: We will make Iraq free of uncontrolled weapons 

The international coalition comments on the bombing of Baghdad airport 

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Today, Friday, the International Coalition commented on the missile strikes that targeted Baghdad .Airport

The coalition stated, in a tweet via "Twitter": "At least 6 missiles fell at Baghdad Civil Airport this ".morning, at (4:30) in the morning

He added that "outlaw militias, for the second time this month, threaten and bomb Baghdad International Airport," stressing that "all the rockets took place in the runway area and/or areas ".close to the civilian side

He pointed out that "the Iraqi air defense missile prevention system was activated at the airport, ".and it was able to stop a number of missiles

 

 

Airlines issues a notice about the bombing of Baghdad airport

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Today, Friday, the General Company for Iraqi Airways commented on the missile targeting of .Baghdad International Airport

And she said in a statement received by (Baghdad Today), that "the missile bombing that targeted Baghdad International Airport at dawn today, Friday, damaged one of the company's ".out-of-service planes perched in the vicinity of the airport ".

She reassured "passengers that our direct flights are continuing


The Sadrist bloc on targeting Baghdad airport: We will make Iraq free of uncontrolled weapons 

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Today, Friday, the head of the Sadrist bloc, Hassan Al-Adari, commented .on the targeting of Baghdad airport with missiles

Al-Adari said, via Twitter, that "targeting government facilities in general, and Baghdad Airport in particular, is one of the actions of the enemies of Iraq, who, with ".their actions, seek to isolate Iraq internationally and economically

And he added: "But we say we will make Iraq a state free of terrorism and uncontrolled weapons through a government of a national majority, that secures the ".homeland and is keen on the security of the citizen and the masters of Iraq 


Hadi Al-Amiri resolves the file of participation in the next 'majority' government

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The leader of the Al-Fateh Alliance Hadi Al-Amiri warned, on Friday, that the political situation is going to "obstruction", calling on all political forces to end what he called "stubbornness" and to place the interests of the people over personal benefits.  

  

This came during a memorial ceremony attended by Al-Amiri, followed by "Nas" (January 28, 2022), in which he stressed "the importance of consensus on the person of the next prime minister, and regarding the next stage and its management," warning if this is difficult, "We will enter a closed door and it will be The only loser is the Iraqi people."  

Al-Amiri called on all political forces to "end stubbornness and put the interests of the Iraqi people at the forefront of these matters, and put aside special interests," saying: "The national majority is the one who signed it and adopted it, but it must exist in opposition and loyalty."  

He continued, "It must be part of the Shiites, Sunnis and Kurds in the loyalists, as well as that part of them be in the opposition, but if a certain Shiite party is excluded, we will not accept it, as this is not a national majority," as he put it.



Publishes the prices of foreign currencies, gold and oil globally, on Friday, (January 28, 2022), according to the Iraqi Political Economic Center
Dollar selling price 148,500
Dollar buying price 147,500 


The Markets:
The Asian markets closed mixed NIK up by 2.09% HSI down by 1.09% SHANG down by .97%
The UK markets are currently trading in the red from 1.31% to 2.07% 
Our futures are currently trading down DOW at 34917 down  by .51% SNP at 4301.5 down by .38% NDX at 1392 down  by .03%

Precious Metals:
Gold is red at 1783 Silver is red  at 22.43 Copper is red at 434 Platinum is red at 994 
Brent 89 WTI  87   Bitcoin: 36,449  10 yr yield: 1.85

Favorite Currencies Forex Quotes

SymbolBidAskHighLowOpenChangeTime
 USD/IQD  1434.0000  1487.9000 1457.0000 1456.8000 1456.8000  -0.6000 06:06
 USD/VND  22645.0000  22655.0000 22638.2000 22634.4700 22634.4700  4.1600 00:40
 USD/CNY  6.3622  6.3642 6.3668 6.3535 6.3665  -0.0051 05:21
 USD/KWD  0.3026  0.3036 0.3026 0.3026 0.3026  -0.0001 05:02
 GBP/USD  1.3387  1.3388 1.3414 1.3365 1.3380  0.0007 05:22
 USD/IRR  42000.0000  42500.0000 42245.5000 42198.0000 42245.5000  -28.3000 11:48
 USD/IDR  14402.0000  14405.0000 14402.0000 14349.0000 14387.0000  15.0000 05:22

Things in the News:

Iraqi Articles:

“Oil Price”: Oil prices are expected to reach $ 100 in the middle of this year

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“Oil Price”: Oil prices are expected to reach $ 100 in the middle of this year

A specialized economic report expected oil to reach $100 per barrel by the middle of this year, despite the lack of enthusiasm by the Organization of the Petroleum Exporting Countries (OPEC).

And the specialized "Oil Price" bulletin added in its report, "Morgan Stanley Investment Bank expects the global reserve oil production capacity to shrink from 6.5 million barrels per day at the present time to two million barrels per day by the middle of the year.

The bank indicated that this will be “the result of OPEC and its partners increasing production in accordance with their agreement to return to pre-pandemic production levels.

And it is likely that "this decrease in spare capacity will push Brent crude to $ 100 and perhaps more," a vision supported by "Oil Price

And last Wednesday, Brent crude futures were trading at $90 a barrel, its highest level in 7 years, and this came with the support of the Ukraine crisis amid tensions between Russiaand the West.

Oil Price" estimates that oil reaching $ 100 "is something that OPEC does not want and on which many do not agree, but it may be achieved at the end of the second quarter of this year, with the strength of the current emerging factors in the market

Quotes aboutOle HansenFrom "Saxo BankHe said that “the momentum behind the rise in oil prices is slowing, and we could see a correction soon.

As for tensions in Ukraine, which has also been named among the factors driving oil higher, Hansen noted that “these tensions are more likely to affect natural gas prices in the event of an escalation rather than oil prices

The “Oil Price” report added that “whatever the immediate future movements of oil prices, the fact remains that the Organization of the Petroleum Exporting Countries and the Russia And their partners in Central Asia do not seem to be able to meet their production quotas

He explained the reasons for this as “ranging from political problems in Libya to technical problems in Nigeria and dwindling spare parts.”Russia \and most of OPEC

In contrast, strong oil demand and insufficient investment seem to have been consistently underestimated by some forecasters

This could add more bullish potential for prices, which is looming in the oil industry,” the report said

Saudi Arabia and the former Secretary-General of "OPEC" had warned that the lack of investment would negatively affect last year

At the same time, most forecasters are betting on a continued decline in oil demand, as the lights are on low-carbon energy

But the fact - says the Oil Price report - has proven otherwise, and it is only a matter of time before highlighting the world's increasingly limited oil production capacity.

The report of the specialized bulletin concluded that “OPEC” does not want oil at $ 100, according to what some officials in the organization said. Expensive oil is not good for exporters because it weakens demand

But this time, it seems that there is little that OPEC can do about it except to hope that demand will not grow too quickly too soon, so that prices remain relatively unchanged from what they are now


Al-Rafidain determines the interest rate for savings accounts

link

Today, Friday, Al-Rafidain Bank set the interest rate for savings accounts

And the media office of the bank stated in a statement received by Alsumaria News, that "the interest rates of savings accounts are 4 percent paid to citizens in return for depositing their money


The international coalition comments on the bombing of Baghdad airport 

link

184439.jpg?watermark=4

Today, Friday, the International Coalition commented on the missile strikes that targeted Baghdad .Airport

The coalition stated, in a tweet via "Twitter": "At least 6 missiles fell at Baghdad Civil Airport this ".morning, at (4:30) in the morning

He added that "outlaw militias, for the second time this month, threaten and bomb Baghdad International Airport," stressing that "all the rockets took place in the runway area and/or areas ".close to the civilian side

He pointed out that "the Iraqi air defense missile prevention system was activated at the airport, ".and it was able to stop a number of missiles

 

Airlines issues a notice about the bombing of Baghdad airport

link

Today, Friday, the General Company for Iraqi Airways commented on the missile targeting of .Baghdad International Airport

And she said in a statement received by (Baghdad Today), that "the missile bombing that targeted Baghdad International Airport at dawn today, Friday, damaged one of the company's ".out-of-service planes perched in the vicinity of the airport ".

She reassured "passengers that our direct flights are continuing



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 January 28th, 2022 total sales amount $ . FRIDAY

including   $0. CASH 

ISX Update:   FRIDAY

www.isx-iq.net/

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

1-28-2022   Newshound/Intel Guru Mnt Goat   Article:  "RETURNING THE DOLLAR EXCHANGE TO ITS PREVIOUS PRICE IS ONE OF OUR PRIORITIES"  ...let me remind you what the phrase “returning the dollar’s exchange rate to its previous price” means. Some authors do mean from 1450 back to the 1122 program rate, but the CBI means back to the “Glory Days”...If the CBI wanted to revalue back to the old program rate of 1120 they would have done it already in December 2021. They do not need any change in the government to revert it back it...So, this alone tells us that something different is about to happen. They are going to get out of the program rate. This is not business as usual.
1-27-2022   Intel Guru MarkZ   [via PDK]   [Any new estimates on the dong?]  I am still hearing $2.20 - $2.30…

1-27-2022   Intel Guru Frank26   [Iraq boots-on-the-ground TV report] FIREFLY:  They're now talking on the TV about what they're going to do with the rate.  They thinking it will go to 1000 or so then float...a lot of talk about the rate being better than previous then float.  FRANK:  It is the hot conversation in your country...it's actually hot all over the Middle East...Every Middle East country they're talking about your exchange rate...

1-27-2022   Intel Guru Holly  They said it would get crazy at the end. I am seeing news all over. The rv is real! Don’t ever give up! ...The best is yet to come!

1-27-2022   Newshound/Intel Guru Walkingstick  [via Frank26]   The total value and the exchange rate that they are using is in the budget and the white papers.  That [the exchange rate] is one of the line items... They're going to pass it.  They're going to use it...

1-27-2022   Newshound Guru Kaperoni  The IMF made it very clear about 10 years ago of the policy for Iraq... they want Iraq to move to a float when the conditions are appropriate and allow the dinar to gradually appreciate. This is what will happen as a result of the growth of the economy. There are no shortcuts.

1-27-2022   Intel Guru MarkZ   [via PDK]  ...based on whales staying in place, the constant articles from Iraq saying they are raising the rate…and they want the new rate before they open the 2022 budget…we know its near …we just don’t know if they will get it all done within the next week or two. At this point I do not think there is a can being kicked…all systems are go…

1-27-2022   Newshound Guru Pimpy   I know there's some talk out there about the Iraq exchange rate.  I've seen the articles.  I know it's being discussed but as I said before if they do change it it's going to change back to the previous rate.  You're not going to see any huge RI or RV.  Not yet.  Most likely it'll go from getting 1450 dinars for every 1 dollar to back to where it was before, 1190 dinar.  That's going in the right direction.  The lower that number gets the more we benefit.  Just be patient...no one can deny Iraq is going in the right direction...

1-27-2022   Regular Guy Guru Vital Brad  Question: "Will the rate fluctuate?"  Great question.  When the Iraqi dinar goes back onto the Forex market - it's the international market - the free market it becomes a legitimate recommissioned currency.  It's going to fluctuate just like other currencies.  They fluctuate.  They move...Let's say it comes in  at 1 to 1 and it's going to do what they call a 'float' where it's going to gradually go up over time...it won't be massive fluctuations like cryptocurrency.

1-27-2022   Intel Guru MarkZ   [via PDK]  After I finally get that announcement and I know we are headed to the bank…They are going to try to finish all of our currency transactions within 30 days. At which point they may make the larger denomination notes worthless except for those owned by treasury departments in the foreign currency reserves…So eventually the currency we hold will not be any good. So imo…you had best get in and out within 30 days. This is what I have heard and believe it to be accurate.

1-27-2022   Intel Guru Frank26  Article: "Parliamentary Moves To Reduce The Price Of The Dollar In The Next Parliamentary Session"  Quote: "There is a great move by the State of Law to reduce the dollar exchange rate and return it to its previous position."

1-27-2022   Newshound/Intel Guru Mnt Goat   Iraq has 1/6 of a penny for their dinar? Unbelievable isn’t it? ...we read article they had the largest foreign reserves EVER!...Dr Sinani Shabibi wanted to reinstate the dinar way back in Jan 2013. So why are we still here over 8 years later?


Catnip's Corner:
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ARTICLE 1-A (from PM Kadhimi's website; posted only on Arabic side, not on English side)

The Commander-in-Chief of the Armed Forces, Mr. Mustafa Al-Kazemi, meets with security leaders in Basra Governorate 

Today, Thursday, the Prime Minister and Commander-in-Chief of the Armed Forces, Mustafa Al-Kazemi, chaired a meeting that included military and security leaders in Basra Governorate, during his visit to the province today.

Al-Kazemi listened to a briefing on the security situation in the province, and the security services’ plan to secure the cities, districts, and external roads linking Basra and the rest of the provinces.

His Excellency stressed the need to take precaution, caution and not be complacent about everything that threatens the security and stability of Basra, and the importance of following up on organized crime gangs, prosecuting their members and bringing them to justice without the slightest complacency.

Media Office of the Prime Minister
27- January 2022

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ARTICLE 1-B (from PM Kadhimi's website; posted only on Arabic side, not on English side; 17 pix)

Prime Minister Mustafa Al-Kazemi visits the Young Warriors Academy for People of Determination in Basra Governorate

Today, Thursday, Prime Minister Mustafa Al-Kazemi visited the Young Warriors Academy to care for children of determination in Basra Governorate, and attended a celebration that included various activities presented by the academy's children.

Al-Kazemi described the children of the Academy in his speech as warriors for life, not for war, and expressed his overwhelming happiness to meet them, and praised his Excellency for the activities they presented during the ceremony.

Mr. Al-Kazemi was briefed on the means of care, education, and capacity development that children of determination who are enrolled in this academy receive, and he continued the efforts made to facilitate the integration of these children, and to ensure that they receive the care they deserve.

The Prime Minister directed to grant the Academy a plot of land to build a building for it, after it was delayed for five years, and directed the Ministry of Health to take care of all the health care for the enrolled, secure their basic needs, fill the deficiencies and raise the level of service provided to children of determination, while he directed the Governor of Basra to provide All forms of support for the Academy.

During the inspection visit, His Excellency was accompanied by the Ministers of Oil and Health.

Media Office of the Prime Minister
27- January 202

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ARTICLE 2 (from Government of Iraq twitter account)

Watch: A video of PM @MAKadhimi’s visit to the Young Warriors Academy in Basra where he met children of determination, children with special needs, and attended a graduation ceremony, saying that it was a joy to be amongst them, describing them as “warriors for life, not war.”

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ARTICLE 3

Al-Maliki responds to Al-Sadr and hints that he will not participate in the new government
2022-01-27 07:10

Shafaq News/ The leader of the State of Law coalition, Nuri al-Maliki, responded on Thursday, to the leader of the Sadrist movement, Muqtada al-Sadr, who stipulated that the coordinating framework should include them in the new government without al-Maliki.

Al-Maliki said in a tweet on Twitter, followed by Shafak News Agency, "I am used to in my political and social life that I do not issue a response to those who transcend and personify national political differences, and respond to them in the political and security field, in defense of Iraq and the security and interests of citizens and to stop harming those who underestimate blood and confiscate Money, property and liberties.

And he added, "And from a position of strength and power, and a sense of responsibility, I say to everyone looking for differences and venting grudges and hatred, that my hand is extended for the best relations, if it is in the interest of Iraq and its people, and without it I do not like and do not welcome any relationship and partnership with any party that harms the interests of Iraq and the dignity of people." .

Earlier today, the Al-Fateh Alliance, led by Hadi Al-Amiri, revealed on Thursday that the leader of the Sadrist movement, Muqtada Al-Sadr, presented the portfolio of the Ministry of Interior to Al-Fateh in exchange for breaking the alliance with the leader of the State of Law coalition, Nuri al-Maliki, and excluding the latter from participating in forming the next government.

The leader of the coalition, Ali Al-Fatlawi, told Shafaq News Agency, "The coordination framework forces refuse to leave the leader of the State of Law coalition, Nuri al-Maliki alone in the opposition and not to participate in the next government, despite his coalition owning a large number of parliamentary seats, especially since the seats of al-Maliki's coalition entitle him to fill 3 Ministerial portfolios in the next government.

Al-Sadr arrived yesterday evening, Wednesday, to the Iraqi capital, Baghdad, to discuss with the political forces, especially the leaders of the coordination framework, on the alliances that will lead to the formation of the next government.

Al-Sadr, whose list topped the elections, had said in a televised statement, the day before yesterday, Tuesday, that he offered the Coordinating Framework Forces to enter into a national majority government on the condition that the leader of the State of Law coalition, Nuri al-Maliki, did not participate, but they refused.

Al-Sadr blames Al-Maliki, who headed the government for two consecutive terms (2006-2014), for rampant corruption and acts of violence in the country, in addition to the ISIS invasion of a third of Iraq in the summer of 2014.

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ARTICLE 4

The rule of law alludes to boycotting the voting session on Zebari as a candidate for the presidency
27/01/2022 19:31

Baghdad / Obelisk: The spokesman for the State of Law Coalition, Bahaa El-Din Al-Nouri, hinted, on Thursday, January 27, 2022, to the possibility of boycotting the voting session on the Kurdistan Democratic Party candidate Hoshyar Zebari for the post of President of the Republic, by the coordination framework and the Patriotic Union of Kurdistan.

Al-Nouri said in a televised interview, that the voting session for the post of President of the Republic may witness a withdrawal by the coordination framework, the Patriotic Union of Kurdistan, and some other parties, especially with regard to the vote on the Kurdistan Democratic Party candidate Hoshyar Zebari.

Al-Nouri added that the vote for the position of the President of the Republic needs 220 deputies, but at the same time he expected the opposite to happen in the event of an agreement between the Patriotic Union and the Kurdistan Democratic Party.

Al-Nouri confirmed that the framework had negotiated with the Kurds and Sunnis, and its message was clear by calling on them not to side with a Shiite party at the expense of another.

And on the administration of the state, he said, Either we are real partners, and we do not go partly to form the government without the other, and he also expressed his hope that the Kurds will come to Baghdad with one candidate for the post of President of the Republic.

He explained that political understandings and agreements may emerge at the last moments, and sometimes everything changes, in a session inside the parliament cafeteria.

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ARTICLE 5

The Iraqi parliament sets the seventh of next month as the date for electing a new president
January 27 2022

Today, Thursday, the presidency of the Iraqi parliament announced the setting of next February 7, the date for holding a session to elect a new president for the country, in light of the continuing political differences between the two Kurdish parties over the position, which was the political custom in force in the country, after the American invasion of Iraq in 2003, to be from the share of the Kurdish political forces.

A statement by the Presidency of the Iraqi Parliament said that the Presidency of the Council of Representatives held, today, Thursday, a meeting to discuss the provisions and procedures related to the nomination of the post of the President of the Republic, pointing out that “during the meeting, it was decided to announce the names of the candidates for the post of President of the Republic who met the legal conditions on next Monday, corresponding to January 31 January, after completing the legal procedures based on the Law No. 8 of 2012 on the Provisions for Candidacy for the Post of President of the Republic.

The statement confirmed that, "At the meeting, Monday, February 7, was set as the date for the parliament session to elect the president of the republic."

The setting of the date for electing a new president comes in light of the continuing political differences, and the upcoming meeting of the leader of the "Sadr movement" Muqtada al-Sadr, with leaders and representatives of the "Coordination Framework" coalition, to discuss the crisis of forming a government.

The new Iraqi constitution defines mechanisms that are linked to each other, to nominate senior positions represented by the presidencies that the political custom has decided to be chosen according to quotas among the Iraqi political components.

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