Friday, March 18, 2022

WOTS THU MAR 17 22 The Revolutionary Guard threatens Iraq... with a military move on its soil

 WOTS THU MAR 17 22 

The Revolutionary Guard threatens Iraq... with a military move on its soil

cecb685a-4b28-42fa-b5af-61ba1ed6810b_16x


Economist: “Food Dollar” Is The Best Way To End The Situation Of High Prices

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Economist Ihsan Al-Kinani indicated, on Thursday, that the government can resort to a plan that would reduce food prices in the country instead of zeroing customs duties, pointing to the possibility of dealing in food dollars, so that food traders are registered with banks to sell dollars to them at a price supported by the state. To ensure the reduction of imported food prices.

Al-Kinani told Al-Maalouma, "The government has achieved great revenues through the rise in international oil prices, and it is likely that prices will continue to rise to more than $90 a barrel for the month of June."

He added that "the financial abundance enables the government to open a new window for selling the dollar to food traders from importers only, so that the dollar can be sold under the name of the food dollar, provided that it is supported by the government so that it is sold to them at less than its set price by a certain percentage that may reach 25 percent." “.

And Al-Kinani stated, "Resorting to the food dollar is enough to reduce food prices, especially since there is a significant increase in the prices of basic materials, and exploitation by traders and importers, while the citizen falls victim to this matter."


A High-Ranking Iraqi Delegation Visits Iran To Conclude A New Agreement On The Supply Of Gas

link

Ministry of Electricity revealed, on Thursday, that there are high-level talks conducted by government agencies with the Iranian side in order to release batches of gas to Iraq, indicating that a high-level delegation is preparing to visit Tehran to conclude a new agreement on Iranian gas.

. The spokesman for the ministry, Ahmed Musa, said in a statement to "Al-Maalouma", that "Iraq is currently negotiating a mechanism for paying the amounts owed to the Iranian side in return for purchasing gas for electric stations after the cabinet's decision to pay all amounts and an increase in gas emissions.”
Moussa added, “Negotiations are underway with the Iranian NIGEC, as well as the Ministry of Energy and the embassy in Baghdad to pay the amounts due and the possibility of increasing payments.”

He pointed out that “the government intends to send a high-level delegation to Tehran to conclude a new agreement with the Iranian side to increase gas emissions, as more than 45 million cubic meters per day, at a time when the ratios decreased to less than 8 million, and now rose to 20 million tons of imported gas.


Al-Kazemi's advisor: The absence of the budget puts officials in front of "two options" to confront the problem

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1643020776501.jpg

 The financial advisor to the Prime Minister, Mazhar Muhammad Salih, stated, on Thursday, that the delay in approving the budget law for 2022, makes officials in front of two options to confront the problem of delaying the budget for the current year 2022, indicating that the current exchange operations are based on 1/12 of last year's expenses. .

Saleh said in an interview with Shafak News Agency; The "Financial Management Law is based on the disbursement of a percentage (1/12) of the actual expenditures for the past year for the purpose of paying obligations, expenses and salaries," noting that "this law does not include expenditures on new projects and programs."

Saleh added; "This matter makes the concerned official in front of two jaws or two options: either waiting for the budget law, which does not know when it will be issued because it is related to forming a government, or going in coordination with the legislative authority in order to legislate financial laws for the current year to package new projects and to support the ration card or support social welfare to combat poverty." .

He pointed out that "there is a financial abundance as a result of the rise in oil prices, and therefore it is possible to issue laws with financial expenditures through the legislative authority to reduce poverty and support the standard of living and at the same time adopt new projects to encourage development and investment projects."

Mustafa Al-Kazemi’s government stumbled by sending the budget law before the Iraqi parliament dissolved itself in preparation for early elections on October 10, 2021.

A number of specialists considered that the delay in approving the budget for the current year would negatively affect investment projects and delay ongoing projects, in addition to stopping economic activities of the market in general.


An honest question: Who is more likely to assume the position of prime minister in the next government: Al-Sadr, Al-Abadi, or Al-Kazemi?

link

The Stock Exchange of names traded for the position of Prime Minister is still revolving in the orbit of only three names, and the nominations whose leaks reach the media and the press are almost constant, but they differ in fortunes, and some of them can be considered just an addition, without having real chances as We will see, and these names are the following:

Haider Al-Abadi

The former prime minister, the former leader of the Dawa Party, and also the founder of the parliamentary victory coalition in the previous session, was ousted from the second session due to the alliance of the Sadrist movement and the Al-Fateh alliance at the time, despite the efforts made at the time to rename him Prime Minister in 2018, but he faced A categorical Iranian veto, as well as strong objections from the Al-Fateh forces, which have some connection with the Popular Mobilization and some Islamic factions. Al-Abadi, whose coalition at that time won more than forty parliamentary seats, could not compete, and lost the position in favor of Adel Abdul-Mahdi. Rather, his coalition quickly disintegrated. And political groups became divided loyalties to the right and the left, to the extent that only eight MPs remained with him at the time, and in the 2021 elections, Al-Abadi, who allied himself with Ammar Al-Hakim, came out completely empty-handed from any parliamentary seat, and became without parliamentary representation that he could rely on to take such a position. Therefore, his chances are almost non-existent.

Of course, if we add the internal objection, we will find that the Kurdish veto is strongly present on the person of al-Abadi, who clashed with the region over and over again, and the Kurdish leaders do not maintain their political differences with him, and even consider his return to the position as a threat to their future existence.

Jaafar Al-Sadr

The son of the founder of the Islamic Dawa Party, the religious authority, Muhammad Baqir al-Sadr, and the cousin of the leader of the Sadrist movement Muqtada al-Sadr, the current Iraqi ambassador to Britain, and a member of the State of Law coalition that won a parliamentary seat in 2010 when he ran with al-Maliki and left the position resigning from it for his inability to engage in the game of politics, as was said. At the time of his resignation, the man was not known of any clear political activity since 2003, but his most important advantages are that he is the son of the founder of the Islamic Dawa Party, and also from the Al-Sadr family, to which Muqtada Al-Sadr belongs. Until now, the leader of the Sadrist movement has not publicly announced the nomination of Jaafar al-Sadr for this position, nor has the head of the State of Law coalition Nuri al-Maliki, who has the most parliamentary power in the Shiite coordination framework.

Therefore, the fortunes of Jaafar al-Sadr are ambiguous, as he does not find objection from the forces of the coordination framework on the surface, and also does not find obstacles from the Sadrist movement, but some political and media parties said that he may face Iranian objections, as he does not enjoy good relations with them, and also that he may apologize, He submits to rejecting this nomination if he encounters obstacles or objections from any party.

 Among the grievances that are recorded on Al-Sadr, is his inability to confront, his tendency to calm down, and his failure to get involved in any political or security frictions, which may make him compelled to leave the position if he collides with the file of the General Command of the Armed Forces, which needs follow-up, and continuous reading of security and intelligence files. Intelligence and other files are very sensitive, and may lead to clashes on several occasions, as well as pushing towards firm decisions at other times, as well as the file of the Popular Mobilization Administration, which requires special knowledge of its branches, problems and many problems.. In addition to daily follow-up to files and reports of the General Intelligence and Intelligence Service. Security, counter-terrorism, finance, foreign affairs, border crossings, health, and the confusing pandemic file, and this is contrary to the nature of men, inclined to rest, relaxation, isolation and unwillingness to appear, or even highlight it abundantly, as the position of Prime Minister requires a continuous media presence. .

Mustafa Al-Kazemi

The current prime minister, and the candidate of the Sadrist movement until about a week ago, has solid, strong and pivotal relations with Shiite, Sunni and Kurdish political forces alike, and he has a remarkable international and regional presence. Indeed, the man

effectively contributed to restoring political life, as well as working to engage the emerging forces in the political arena through his work to organize early parliamentary elections, which contributed to the inclusion of more than 40 independent deputies to the House of Representatives.

Al-Kazemi does not face real objections from any political party, whether Sunni, Kurdish or Shiite, and even if there are some Shiite parties, their objections will be withdrawn after the effective and influential political forces confirm that Al-Kazemi is the most appropriate option for them, as Al-Kazemi does not have any grudge or hostility, It does not carry any project against these forces. On the contrary, it contributed to easing tensions and defusing crises that almost killed these forces and Iraq as a whole.

Al-Kazemi, even with the loudness of voices calling for Jaafar al-Sadr or Haider al-Abadi, is almost the most fortunate if we rely on those criteria, reasons and problems that stand in the way of competing candidates, even in the media


Al-Zamili: The next parliament session will witness a vote on three paragraphs

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Today, Thursday, the First Deputy Speaker of Parliament, Hakim Al-Zamili, revealed three paragraphs during the upcoming parliament session.

Al-Zamili said in a statement, which was followed by (the first news): “The House of Representatives includes deputies who do not look to their parties, but to the interest of Iraq,” noting that “the interest in forming a government and choosing a president who represents Iraq.”

He added, "The next parliament session will include several paragraphs, including voting on committees, voting on the internal system for the division of committees, and voting on choosing the president of the republic.


Deputy: The parliamentary movement to reduce the dollar will not stop.. We are determined to do so 

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The representative of the State of Law coalition, Aref Al-Hamami, confirmed today, Thursday, that the parliamentary movement aimed at reducing the exchange rate of .the dollar against the Iraqi dinar will not stop

Al-Hamami told (Baghdad Today), "The work to reduce the exchange rate of the dollar against the Iraqi dinar will not stop, and the parliamentary movement to achieve this goal continues, and we are determined to achieve this through the draft ".budget law for the year 2022

And he indicated that "the significant rise in oil selling prices, and this continuous rise, did not leave any justification for government agencies for the dollar exchange rate to remain high, especially since this rise contributed significantly to raising the prices of materials in the market and contributed to the high rate of poverty and .unemployment, according to reports. official government 


Observers: Three reasons prompted Iran to launch a missile attack on Erbil

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On Thursday, experts and specialists listed the reasons that they said prompted Iran to launch the missile attack that targeted Erbil recently.  

  

The experts said in statements carried by "Reuters" followed by "Nass" (March 17, 2022), that "the attack launched by Iran at a very sensitive time for Tehran, is a warning message to Israel, and it is also a strong reminder to its opponents of its capabilities, and it is a message to the leaders of Iraq, who threaten to form a government that excludes its allies."  

  

"You have three things going on here," said Toby Dodge, a professor at the London School of Economics. "There's the Joint Comprehensive Plan of Action (the Iran nuclear deal) and the mutual hostilities between the Iranians and the Israelis and the United States, and now the formation of the Iraqi government. So you're sending a chain of messages."  

  

He added, according to "Reuters", that "the unusual direct strike coincided with a possible turning point in the balance of power in the Middle East, at a time when talks to revive the Iranian nuclear agreement face the specter of collapse and the risks of war in the Gulf region are also increasing, while Iraqi leaders are trying to Baghdad to form a new government free from Iranian influence.   

  

While regional analysts say, according to "Reuters", "Both developments help explain why Iran chose this moment to display its willingness to use ballistic missiles, which Tehran has always considered a deterrent to the United States, Israel and the Gulf Arab states that compete with Tehran for regional influence."  

  

Several missiles targeted the city of Erbil at dawn last Sunday, which led to the destruction of some buildings as well as injuries, according to the local provincial government, while the Iranian Revolutionary Guards adopted the missile strike at a later time in the bombing, accompanied by a package of local and international condemnations and denunciations of the missile bombing.


A legal expert clarifies the decisions of the Federal Court on the most numerous bloc and the quorum for electing the President of the Republic

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Today, Thursday, legal expert Ali Al-Tamimi explained the decisions of the Federal Court regarding the most numerous bloc and the quorum for electing the President .of the Republic Al-Tamimi said in a statement that (Baghdad Today) received a copy of it, that “with regard to the most numerous bloc, the decision spoke about the possibility of presenting this bloc at any time, whether in the first session or to the elected speaker of parliament, and even after the election of the president of the republic as long as it was not sent by the speaker of parliament. to the elected President of the .Republic

He added, "The court said or caused this that the most numerous bloc according to this concept is variable and liable to join after meetings of parties and lists, provided ."that this does not intersect with Article 45 of the Elections Law 9 of 2020 Al-Tamimi explained in his statement that "this new concept of interpretation of Article 76 of the Constitution regarding the most numerous bloc is considered a ".modification to the old interpretation 25 of 2010.

These bits don't mean final He continued: "As for the other decision, which is interconnected with the above decision in terms of implementation, it is necessary to hold the parliament session and achieve its quorum in electing the new president of the republic by a two-thirds majority of 220 deputies, and that the decision is taken with this count in the first ".round of voting to elect the president of the republic He pointed out that "the Federal Court caused this by stating that Article 70 of the Iraqi Constitution is an exception to the original contained in Article 95 of the Iraqi Constitution, which required that the session be attended by 165 deputies and that


Reaper: The missiles that were used to hit Erbil are war missiles

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The Minister of Interior of the Kurdistan Region, Reber Ahmed, revealed new information about the recent missile shelling that hit Erbil.
In his speech during the meeting of the investigation committee of the bombing of Erbil, in the Federal Parliament, Ahmed said that the bombing transgressed the Iraqi sovereignty and violated the agreements and treaties of good-neighbourliness, appreciating the national position of the Iraqi Parliament and its solidarity with the region
, adding that the missiles that were used to strike Erbil are smart cross-border war missiles that are not used. Except in cases of war, noting that the targeted sites are a civilian site for the establishment of a well-known Iraqi Kurdish investor in Iraq.


The Revolutionary Guard threatens Iraq... with a military move on its soil

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cecb685a-4b28-42fa-b5af-61ba1ed6810b_16x

Today, Thursday , the Iranian Revolutionary Guard reiterated its threats to move on Iraqi soil and carry out strikes against what it described as Israeli targets.

Ramadan Sharif, a spokesman for the Iranian Guard, told Al Masirah TV: "If the Iraqi officials do not move to remove what he said are "the rest of the Israeli headquarters" in the Kurdistan region, and Iran's security is targeted from them, we will respond without hesitation.

 

It is our right"

He also considered that "his country has the natural right to destroy the headquarters from which an attack on Iranian security is launched," describing the matter as a red line.

 

In addition, he claimed that the Iranian ambassador to Iraq made it clear that the Kurdistan region had been warned about the headquarters that was hit last week, about the presence of two other headquarters as well, according to him.

A house damaged during the rocket attacks on Erbil (Reuters)
A house damaged during the rocket attacks on Erbil (Reuters)

Last Sunday (March 13), the Guard announced its responsibility for an attack with ballistic missiles targeting the city of Erbil in northern Iraq, claiming that it targeted the "strategic center of Israeli conspiracy."

He also warned that the repeated targeting by the "Israelis" would face harsh and destructive responses, in reference to any new Israeli raids that might target its elements or headquarters, vowing to respond decisively.

 

Kurdistan denies

While the Kurdistan Regional Council of Ministers condemned the missile attack, describing it as cowardly, stressing that the pretext of the existence of an Israeli base is untrue.

While most of the pictures from the scene showed damage to inhabited homes, as well as the headquarters of a local television network.

The Counter-Terrorism Service also stated that the attack was carried out with "12 ballistic missiles" fired "from outside the region's borders, specifically from the east."

Iraq, which has a wide eastern border with Iran that supports several local factions and militias, often witnesses missile or drone attacks on US bases and interests, whether in Baghdad, Erbil, or elsewhere.

A house damaged during the rocket attacks on Erbil (Reuters)
A house damaged during the rocket attacks on Erbil (Reuters)

Since the US assassination of the Iranian Quds Force commander Qassem Soleimani, and the deputy head of the Popular Mobilization Authority Abu Mahdi Al-Muhandis in January 2020, dozens of attacks have targeted US interests with missiles and drones.

On January 8, 2020, in response to this assassination, Tehran targeted with 22 ballistic missiles the Ain al-Assad base in the west and the Erbil base in the north, which include American forces.

While no party usually claims responsibility for these attacks, Washington often attributes them to factions loyal to Tehran, which have, over the past years, been demanding the complete withdrawal of US forces from Iraq.

Below here is the WOTS for March 17th, 2022 The Word on the Street Report:

Publishes the dollar exchange rate on the local stock exchange on Thursday (March 17, 2022), according to the monitoring of specialists.   

  

Baghdad - the stock exchange  

147,300  

....  

Approximate price in exchange Baghdad  

buying  

146,750  

Sale  

147,750  

—————————-  

Najaf - Bursa  

147,350  

—————————-  

Basra - Bursa  

147,400  

————————-  

Sulaymaniyah - Bursa  

147,250  

———————  

Erbil - Bursa  

147,200  

——————-  

Mosul - Bursa  

147,200  



The Markets:
The Asian markets closed up NIK up by 3.46% HSI by 7.04% SHANG by 1.40%
The UK markets are currently trading in the green mostly  from .11% to 1.14% 


Precious Metals:
Gold is green at 1941 Silver is green at 25.50 Copper is green at 460 Platinum is green at 1025 

Brent 102 WTI  99   Bitcoin: 40,667  10 yr yield: 2.12


Things in the News:
Iraqi Articles:

A High-Ranking Iraqi Delegation Visits Iran To Conclude A New Agreement On The Supply Of Gas

link

Ministry of Electricity revealed, on Thursday, that there are high-level talks conducted by government agencies with the Iranian side in order to release batches of gas to Iraq, indicating that a high-level delegation is preparing to visit Tehran to conclude a new agreement on Iranian gas.

. The spokesman for the ministry, Ahmed Musa, said in a statement to "Al-Maalouma", that "Iraq is currently negotiating a mechanism for paying the amounts owed to the Iranian side in return for purchasing gas for electric stations after the cabinet's decision to pay all amounts and an increase in gas emissions.”
Moussa added, “Negotiations are underway with the Iranian NIGEC, as well as the Ministry of Energy and the embassy in Baghdad to pay the amounts due and the possibility of increasing payments.”

He pointed out that “the government intends to send a high-level delegation to Tehran to conclude a new agreement with the Iranian side to increase gas emissions, as more than 45 million cubic meters per day, at a time when the ratios decreased to less than 8 million, and now rose to 20 million tons of imported gas.


Al-Kazemi's advisor: The absence of the budget puts officials in front of "two options" to confront the problem

link

1643020776501.jpg

 The financial advisor to the Prime Minister, Mazhar Muhammad Salih, stated, on Thursday, that the delay in approving the budget law for 2022, makes officials in front of two options to confront the problem of delaying the budget for the current year 2022, indicating that the current exchange operations are based on 1/12 of last year's expenses. .

Saleh said in an interview with Shafak News Agency; The "Financial Management Law is based on the disbursement of a percentage (1/12) of the actual expenditures for the past year for the purpose of paying obligations, expenses and salaries," noting that "this law does not include expenditures on new projects and programs."

Saleh added; "This matter makes the concerned official in front of two jaws or two options: either waiting for the budget law, which does not know when it will be issued because it is related to forming a government, or going in coordination with the legislative authority in order to legislate financial laws for the current year to package new projects and to support the ration card or support social welfare to combat poverty." .

He pointed out that "there is a financial abundance as a result of the rise in oil prices, and therefore it is possible to issue laws with financial expenditures through the legislative authority to reduce poverty and support the standard of living and at the same time adopt new projects to encourage development and investment projects."

Mustafa Al-Kazemi’s government stumbled by sending the budget law before the Iraqi parliament dissolved itself in preparation for early elections on October 10, 2021.

A number of specialists considered that the delay in approving the budget for the current year would negatively affect investment projects and delay ongoing projects, in addition to stopping economic activities of the market in general.


An honest question: Who is more likely to assume the position of prime minister in the next government: Al-Sadr, Al-Abadi, or Al-Kazemi?

link

 

The Stock Exchange of names traded for the position of Prime Minister is still revolving in the orbit of only three names, and the nominations whose leaks reach the media and the press are almost constant, but they differ in fortunes, and some of them can be considered just an addition, without having real chances as We will see, and these names are the following:

Haider Al-Abadi

The former prime minister, the former leader of the Dawa Party, and also the founder of the parliamentary victory coalition in the previous session, was ousted from the second session due to the alliance of the Sadrist movement and the Al-Fateh alliance at the time, despite the efforts made at the time to rename him Prime Minister in 2018, but he faced A categorical Iranian veto, as well as strong objections from the Al-Fateh forces, which have some connection with the Popular Mobilization and some Islamic factions. Al-Abadi, whose coalition at that time won more than forty parliamentary seats, could not compete, and lost the position in favor of Adel Abdul-Mahdi. Rather, his coalition quickly disintegrated. And political groups became divided loyalties to the right and the left, to the extent that only eight MPs remained with him at the time, and in the 2021 elections, Al-Abadi, who allied himself with Ammar Al-Hakim, came out completely empty-handed from any parliamentary seat, and became without parliamentary representation that he could rely on to take such a position. Therefore, his chances are almost non-existent.

Of course, if we add the internal objection, we will find that the Kurdish veto is strongly present on the person of al-Abadi, who clashed with the region over and over again, and the Kurdish leaders do not maintain their political differences with him, and even consider his return to the position as a threat to their future existence.

Jaafar Al-Sadr

The son of the founder of the Islamic Dawa Party, the religious authority, Muhammad Baqir al-Sadr, and the cousin of the leader of the Sadrist movement Muqtada al-Sadr, the current Iraqi ambassador to Britain, and a member of the State of Law coalition that won a parliamentary seat in 2010 when he ran with al-Maliki and left the position resigning from it for his inability to engage in the game of politics, as was said. At the time of his resignation, the man was not known of any clear political activity since 2003, but his most important advantages are that he is the son of the founder of the Islamic Dawa Party, and also from the Al-Sadr family, to which Muqtada Al-Sadr belongs. Until now, the leader of the Sadrist movement has not publicly announced the nomination of Jaafar al-Sadr for this position, nor has the head of the State of Law coalition Nuri al-Maliki, who has the most parliamentary power in the Shiite coordination framework.

Therefore, the fortunes of Jaafar al-Sadr are ambiguous, as he does not find objection from the forces of the coordination framework on the surface, and also does not find obstacles from the Sadrist movement, but some political and media parties said that he may face Iranian objections, as he does not enjoy good relations with them, and also that he may apologize, He submits to rejecting this nomination if he encounters obstacles or objections from any party.

 Among the grievances that are recorded on Al-Sadr, is his inability to confront, his tendency to calm down, and his failure to get involved in any political or security frictions, which may make him compelled to leave the position if he collides with the file of the General Command of the Armed Forces, which needs follow-up, and continuous reading of security and intelligence files. Intelligence and other files are very sensitive, and may lead to clashes on several occasions, as well as pushing towards firm decisions at other times, as well as the file of the Popular Mobilization Administration, which requires special knowledge of its branches, problems and many problems.. In addition to daily follow-up to files and reports of the General Intelligence and Intelligence Service. Security, counter-terrorism, finance, foreign affairs, border crossings, health, and the confusing pandemic file, and this is contrary to the nature of men, inclined to rest, relaxation, isolation and unwillingness to appear, or even highlight it abundantly, as the position of Prime Minister requires a continuous media presence. .

Mustafa Al-Kazemi

, the current prime minister, and the candidate of the Sadrist movement until about a week ago, has solid, strong and pivotal relations with Shiite, Sunni and Kurdish political forces alike, and he has a remarkable international and regional presence. Indeed, the man

effectively contributed to restoring political life, as well as working to engage the emerging forces in the political arena through his work to organize early parliamentary elections, which contributed to the inclusion of more than 40 independent deputies to the House of Representatives.

Al-Kazemi does not face real objections from any political party, whether Sunni, Kurdish or Shiite, and even if there are some Shiite parties, their objections will be withdrawn after the effective and influential political forces confirm that Al-Kazemi is the most appropriate option for them, as Al-Kazemi does not have any grudge or hostility, It does not carry any project against these forces. On the contrary, it contributed to easing tensions and defusing crises that almost killed these forces and Iraq as a whole.

Al-Kazemi, even with the loudness of voices calling for Jaafar al-Sadr or Haider al-Abadi, is almost the most fortunate if we rely on those criteria, reasons and problems that stand in the way of competing candidates, even in the media



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.   
The Governor of the Central Bank of Iraq congratulates the Sabean Mandaeans on the occasion of creation 

His Excellency the Governor of the Central Bank of Iraq, Mr. Mustafa Ghaleb Mikheib, congratulated the Sabean-Mandaeans on the occasion of Eid al-Adha. 
His Excellency extended his best wishes and blessings to the Sabean Mandaeans on their feast, wishing their joys and joys continued, noting that they are the symbol of peace, and that they have recorded the most wonderful stories of peaceful coexistence in the darkest conditions that Iraq has gone through.

His Excellency added: "The Central Bank of Iraq participated in the Sabean Mandaeans in their joys and celebrations by participating in the rehabilitation of the community forum in the capital, Baghdad, through the Community Initiatives Fund (Tamkeen), which is supervised by the Bank and the Association of Private Banks, and is funded by private banks." 
 
Central Bank of Iraq 
information Office 
17 - March - 2022

Click on the link above for the latest update.

The CBI for rate is 1460

The currency auction For March 17th, 2022 total sales amount $. No Update

including   $. CASH 



ISX Update:   

www.isx-iq.net/

Shares Traded: 
Value Traded: 

closed 

3-17-2022   Newshound Guru Samson  Article:  "Al-Halbousi announces the date of the presidential election session"  Quote:  “It was decided to set Saturday, March 26, as the date for the parliament session to elect the president of the republic.
3-16-2022  Newshound Guru Godlover  [Response to Guru Militiaman 3-16-2022 below] "They had allocated millions for the printing of the new notes". Yes I agree, especially coming from one such as [Guru] Delta. Of course that does not tell us they have been printed yet. And per articles, articles that have most often been proven accurate, state they have not been printed yet. God willing they soon will be, just calling it as I see it per articles. I am still hopeful for this budget to have what we all seek, but staying grounded is extremely important.

3-16-2022   Intel Guru Bruce   [via WiserNow]   I was really fully expecting to be notified today [Tuesday] and we had a time and everything – but it did NOT occur – so we’re back on a kind of restart...there are a lot of things still happening behind the scenes – it’s just the information that we had did not pan out today but could very well pan out for tomorrow [Wednesday]...

3-16-2022   Intel Guru MarkZ   [via PDK]   [...is this ever going to happen?] it absolutely is going to…the question is “when”??  …I think late March/early April... Noone knows the exact timing…but based on what we are seeing…the seating of the Iraq government on March 26th…the court case on April 4th…I think they have to get it done before then….

3-16-2022   Newshound Guru MilitiaMan   [Guru] Delta showed us the data from the CBI that showed they had allocated millions of dollars for the printing of new notes...The sanctions are lifted from Chapter VII with all payments paid up to Kuwait. They are opening international banks abroad. So, All these efforts are all showing me there is massive progress in a very complex environment that has new technologies involved that will help facilitate the new digital transformation before them and us.  [Post 2 of 2]

3-16-2022   Newshound Guru MilitiaMan  There are always things that seem to be popping up that were not expected. We didn't realize there was ever going to be automation at the borders. We never knew there would be an interlinking with the CBI and E-Government with three major entities of the government, done and linked. The CBI told us they have done that quite some time ago.    [Post 1 of 2....stay tuned]

3-16-2022   Intel Guru Frank26  Everyone in the political arena of Iraq wants this to happen.  Everyone knows that it's happening.

3-16-2022   Intel Guru Fleming   ...the word from many...including Ministers in Iraq when asked about their postponement on the IQD exchange rate, is...Everything is handled. The RV GCR will officially happen before the end of March. Maybe today. We’re not waiting. This game is about ended...

Catnip's Corner:
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