Friday, July 1, 2022

WOTS TUE JUN 28 22 Parliamentary source: Food security has entered into force since its approval, and finance has begun to work with it

 WOTS TUE JUN 28 22 

Parliamentary source: Food security has entered into force since its approval, and finance has begun to work with it

 

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Parliamentary source: Food security has entered into force since its approval, and finance has begun to work with it

 

A parliamentary source said, on Tuesday, that the emergency food security law has entered into force since its approval, pointing out that the Ministry of Finance has begun implementing it.

The source said in an exclusive interview with {Euphrates News} that "the emergency food support law entered into force from the date of voting on it according to a legal article included in the law," noting that "in this case, the issue of approval by the Presidency of the Republic has become a formality, and on this basis the Ministry of Finance began Working with the law, bearing in mind that the legislative recess does not affect the work of the Council, and many committees continue to work and meet.” 

On June 8, the House of Representatives voted on the proposed emergency support law for food security and development.

The law aims to achieve food security, reduce poverty, achieve financial stability in light of urgent global developments, continue to provide services to citizens, raise the standard of living for them after the budget law expires, create job opportunities, maximize Iraqis’ benefit from state resources, advance development, and resume work on stalled and lagging projects due to lack of funding. The implementation of new projects of importance.


The framework hints at dissolving Parliament and leaving negotiations in the event of no response 

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Today, Tuesday, the coordination framework confirmed that it would resort to dissolving the House of Representatives in the event that some blocs continued to .adhere to their positions and did not reach an agreement on forming a government

The leader in the framework, Mahmoud Al-Hayani, said in an interview with (Baghdad Today) that "the stubbornness of some political blocs not to proceed with ".forming the next government will push us to demand the dissolution of Parliament

He added, "We want everyone to participate in the government and go through a national dialogue, but if two-thirds are not achieved in the upcoming parliament sessions for the purpose of passing the president of the republic and then assigning the prime minister, the best option would be to dissolve parliament, although our efforts go towards forming a consensual government in which all the political blocs ".are

 

As for a great Iraq, or two Iraqs?

he definitely paints a picture!

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Long and very difficult months have passed since the announcement of the results of the Iraqi parliament elections, and the people are eating from within because of the tragic situation in the deteriorating economy.. which came from the distorted and ugly tsarist political process, in the hands of ignorant politicians, whose only and big concern is how to acquire the largest amount of the Iraqi people's money Poor guy!!

It is… a very dirty political game, played by all those present in the current political process.. and I do not exclude anyone from them.. Everyone does not give up his seat, the people are in one valley and the government is in another.. Everyone drops his thief partner.. at night (angels) and what are they Also, and during the day (demons) and they are!! There is no such thing as (blockage), but there is a dirty, tightly funded and externally funded scenario, in order to prolong the wretched political situation at all costs in lives, property and wealth!! The concession is not acceptable, and the non-acceptance of power peacefully is far away. Iraq is now - and it seems - clearly at an upcoming historical crossroads, especially after the great powers intervened in the matter... in the hope of forming a (national salvation government) under international protection, which will either become Iraq... is big and great and returns to the embrace of its Arab, Islamic and global surroundings... As for, God forbid, it will be (Iraqitan) in the region, and the Middle East region will end...forever...and peace over peace...


The Central Bank raises the financing needed for its development initiatives to 18 trillion dinars

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The Central Bank of Iraq announced, today, Tuesday, raising the necessary funding for its development initiatives to 18 trillion dinars .

The Central Bank said in a statement, "The financing required for the development initiative is continuing," noting that "it was decided to raise the financial amounts for it to reach 18 trillion dinars ."

He added, "This increase in the amounts of financial allocations comes in response to the success achieved in the development initiatives launched by the Central Bank of Iraq in financing various private sector projects and housing loans," noting that "this increase will contribute to financing economic development projects, increasing local production and reducing unemployment by providing job opportunities as well as contributing to supporting various government efforts to confront climate change .”

It is noteworthy that the investment portfolio of the Central Bank of Iraq represents a real support and a catalyst for economic growth along with the various government efforts .



Kurdistan Union: The ball is in the coordinating framework court, and there is no talk of a second term for Al-Kazemi

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, the leader of the Patriotic Union of Kurdistan, Rabiha Hamad, said, on Tuesday, that the ball and the initiative are in the field of the coordination framework at the present time.

Hamad told Mawazine News that "the coordination framework must expedite negotiations with other political parties and form the government, as the matter depends on determining the personality of the next prime minister."

She added, "The Kurdish blocs are not a party to delaying the formation of the government, and that the efforts of the Kurdistan Union describe the convergence of views."

And she continued, "Any talk about a second term for Al-Kazemi is media, and no talk in this context or matter was addressed."


A source reveals the decisions taken by the periodic meeting of the coordination framework

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A leading source in the coordination framework revealed, today, Tuesday, the decisions that the coordination framework meeting came out with.

The source told Earth News, "The regular meeting of the coordination framework that was held today in the office of Hadi Al-Amiri, head of the Al-Fateh Alliance, came out with a set of decisions, including:"

1- Start collecting the signatures of Shiite blocs and independent Shiite representatives in order to register the largest bloc representing the largest social component in order to preserve its right to the position of prime minister. Calling all political blocs, including extensions, as well as the new emerging blocs and the new representatives who were sworn in recently as substitutes

2- All representatives of the largest bloc will be involved in taking their opinion on the candidates for the prime minister

3- Forming a committee in order to develop the framework’s work in order to be able to manage the next stage in forming the government and work for its success and move from coordination in tasks between the framework forces to decision-making

4- Forming a negotiating committee to carry out its work to communicate with other political forces to form a government

5- Agreeing on the specifications required for prime ministerial candidates

6- Agreeing on the mechanism for selecting the prime minister within the framework

7 - Emphasis on the independents to speed up the presentation of their candidates for the position of prime minister to be presented to the vote in the event that the required conditions are met.


The Presidency of the Republic is the gateway to the solution... Is relief soon?

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The Presidency of the Republic ... the gateway to the solution to form the government. Is relief soon?

While meetings and negotiations are held to discuss the formation of the government, everyone forgets that the solution does not come until after the presidency of the republic is resolved, so will the parties succeed in understanding and ending differences

The near and far... It is the awaited resolution of the outstanding and crisis political files since the election date until now, and although the overall negotiations are discussing the possibility of reaching a picture of the new government, the gateway to proceed with this matter has not yet been opened, the Presidency of the Republic, over which disputes still exist within Kurdish house.

Theoretically, the dispute dominates the scene in the region, but in practice, some see that the matter is nothing but a formal play, with an apparent lack of understanding. On the inside, there are agreements that may appear at any moment after taking the sufficient time to negotiate withBaghdadAbout the benefits that can be obtained.


The political process requires a serious approach by the leaders to sit down and engage in a deep and serious discussion to set mechanisms for resolving the existing differences, and to proceed with the election of the presidents of the republic and ministers.  


An Iraqi ministry grants one of its categories a feast of 100,000 on the occasion of Eid al-Adha

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The Ministry of Labor announced today, Tuesday, that insured workers will be granted a feast of 100,000 dinars on the occasion of the blessed Eid Al-Adha.

Bain stated to the Ministry, received by Earth News, that "the agency of the Minister of Labor and Social Affairs, Judge Salar Abdul Sattar, announced the release of the salaries of retired workers insured in Baghdad and the provinces for the month of July 2022, and granting them a gift of (100,000) thousand dinars on the occasion of the blessed Eid al-Adha.

And the Director-General of the Department of Retirement and Social Security for Workers, Kholoud Hiran Al-Jabri, stated, according to the statement, that "the department has completed all procedures related to the salaries of its insured retired workers, and they will be launched starting from Tuesday evening, corresponding to 06-28-2022.


After the “Talabani House” meeting, two Rikani banks send a message to the forces of the coordination framework

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On Tuesday, the leader of the Kurdistan Democratic Party, Bankin Rekani, sent a message to the forces of the coordination framework.  

 

And he said in a post, followed by "Nass" (June 28, 2022), "The respected brothers in the largest bloc ( coordinating framework ) , Iraq and all Iraqis need actual change, and I see that you are required to think and act in a new way and take responsibility according to a just and purely patriotic approach. We will take responsibility with you, millions of poor and forward-looking youth await."  

  

On Monday, the President of the Patriotic Union of Kurdistan, Bafel Jalal Talabani, discussed with the leaders of the coordination framework at his home in Baghdad, efforts to form the new Iraqi government.  

Talabani said, in a statement that "Nass" received a copy of (June 27, 2022), that he "welcomed the leaders of the coalition in Baghdad, including Nuri al-Maliki, Hadi al-Amiri, Qais Khazali and Muthanna al-Samarrai from the Azm coalition and Rayan al-Kildani from Babylon."    

  

He added, "The important meeting discussed the last steps of forming the new Iraqi government, and unifying efforts to be a strong government capable of overcoming challenges and overcoming obstacles before it."    

  

He continued, "During the meeting, it was emphasized to expedite efforts to form a national service government that works to build a stable future and provide services at all levels."  

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The Alliance of Resolve, the Coordination Framework and the Patriotic Union of Kurdistan held, earlier today, a meeting described as "important", to discuss developments in the political scene and to resolve the formation of the government.  

  

The media office of the Azm Alliance said, in a statement that “Nass” received a copy of it (June 27, 2022), that “the Alliance of Azm, the Coordination Framework and the Patriotic Union of Kurdistan held an important meeting, today, Monday, at the house of the late President Jalal Talabani, to discuss developments in the political scene and resolve the issue.” government formation.      

  

He added, "The latest developments in the political arena were discussed and efforts were made to intensify efforts to expedite the formation of a strong government capable of overcoming all the challenges the country is going through." 


Washington is ready to return to the nuclear agreement on conditions.. Upcoming negotiations between America and Iran in Doha today

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Today, Tuesday, the Qatari capital will host a round of indirect negotiations between Washington and Tehran in order to save the nuclear agreement, after long rounds of negotiations in the Austrian capital.

And the Iranian news agency quoted - Foreign Ministry spokesman Nasser Kanaani - that the nuclear negotiations will resume today in Doha, and that the country's delegation will participate, headed by chief negotiator Ali Bagheri.

In turn, the US State Department confirmed the participation of a delegation in the indirect round of negotiations with Tehran in Doha, expressing its readiness to complete and implement the nuclear agreement and return to total and mutual compliance with the agreement.

But she added that achieving this requires Iran to give up its additional demands that are outside the framework of the Vienna nuclear agreement.

The Tasnim news agency reported - on the authority of a source in the Iranian Foreign Ministry - that the chief nuclear negotiator will go to Doha.

For his part, Iranian Ambassador to Qatar Hamid Reza Dehghani announced - in a tweet on Twitter - that Bagheri arrived in Doha, wishing him and the negotiating delegation accompanying him success in this round of talks.

Iranian Foreign Ministry spokesman Saeed Khatibzadeh had said that the upcoming negotiations will seek to resolve the outstanding issues regarding lifting sanctions on his country, noting that the remaining files are points of contention with Washington.

Khatibzadeh made it clear that the negotiations were based on mistrust of the United States.

For its part, the Qatari Foreign Ministry said in a statement today that Doha welcomes hosting a round of indirect talks between the United States and Iran under the auspices of the European Union Coordinator to revive the 2015 nuclear agreement.

The Qatari Foreign Ministry affirmed Doha's full readiness to provide an atmosphere that would help all parties make the dialogue a success.

She also expressed Qatar's hope that the round of indirect talks would culminate in positive results that contribute to reviving the nuclear agreement, in a way that supports and enhances security, stability and peace in the region and opens new horizons for broader regional cooperation and dialogue with Iran.

In a parallel context, Israeli Defense Minister Benny Gantz stressed that opposing the nuclear agreement with Iran is due to it being a bad agreement, as he put it.

Gantz added - in a speech to his party members - that Israel will continue to defend itself and prepare for the possibility of Iran crossing the nuclear threshold.

Israeli media said that Foreign Minister Yair Lapid sent a letter to the European Union's foreign affairs coordinator, Josep Borrell, expressing disappointment with the latter's attempts to revive the nuclear agreement negotiations with Tehran.

The first Israeli channel quoted officials as saying that Borrell sent a text message by phone to Lapid in which he said that he was going to Tehran to save the nuclear agreement. In Turkey, as he put it.

Source: Al Jazeera + agencies


The Chinese ambassador visits Babylon and pledges to contribute to its reconstruction

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The Chinese ambassador to Iraq, Cui Wei, visited Babylon Province on Tuesday and met with the local government.
The Chinese ambassador said that China, within the agreements with the Iraqi government, will provide additional funds to revive the infrastructure, including roads and sewage, pledging his country's contribution to the reconstruction of the province.

For his part, the Governor of Babylon, Ali Waad al-Dulaimi, indicated that the meeting was fruitful and included discussing the project of building schools within the Chinese loan in Babylon.


Politician: Continuing Disagreements Favor Al-Kazemi And Give Him More Time In Power

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The political analyst, Muhammad Ali Al-Hakim, said that the political differences and the lack of détente between the various parties or their agreement on the next stage will make Al-Kazemi the first winner in the political equation for his continuing to run the country, pointing out that some parties stand by his assumption of power despite his refusal Frame his renewal.

Al-Hakim told Al-Maalouma, "The continuation of the current situation by not forming a government and the absence of agreements regarding the next stage is in the interest of Al-Kazemi and his continuation of heading the current government."
He added, "The Kurds, Sunnis and Sadr, in addition to some parties to the framework, have no objection to Al-Kazemi's continuation for a second term, with the exception of the rule of law and Al-Fateh within the coordinating framework."

And he indicated that "the lack of a breakthrough between the coordinating framework and the Sunnis and the Kurds is all in the interest of Al-Kazemi's continuation at the head of the current authority, in addition to his movements between Saudi Arabia and Iran made the external party show receptiveness to him."

 

 

State Of Law: Al-Kazemi Is Rejected By The Framework And His Mandate Will Never Be Renewed

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A member of the State of Law coalition, former MP Rasul Radi, confirmed that the coordinating framework confirms its rejection of Al-Kazemi’s presence in power, and he also stands against any proposal to renew the mandate for this personality to manage the next stage.

Radi told Al-Maalouma, "The caretaker prime minister, Mustafa Al-Kazemi, will not return to the position, and there will be no renewal for a second term for the next stage."

He added, "The issue is settled by 100 percent, as the coordination framework rejects any proposal or thought to re-nominate Al-Kazemi's name to head the new government for the next stage."

And he indicated that “Al-Kazemi’s paper ended after the coordinating framework obtained the highest numbers in the House of Representatives, which made him the decision-maker regarding choosing the new prime minister, at a time when the framework confirms his rejection of Al-Kazemi after he exceeded his powers regarding the conduct of business and some of his movements that were not responsive to ambition, and therefore He is a rejected figure to take charge of matters for the next stage.”


The Framework Surrounds His Candidate For Prime Minister With “Complete Secrecy” For Fear Of “Falling Out.”

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The leader of the State of Law coalition, Jassem al-Bayati, confirmed, on Tuesday, that the coordinating framework agreed to maintain complete secrecy for the candidates for the post of prime minister for fear of attempts to falter the purpose of which is to thwart the negotiations of the committee that was formed to negotiate with other political forces.

Al-Bayati said in a statement to / the information /, that “the experience that preceded each election cycle during the circulation of the names of candidates for the position of prime minister is the escalation of targeting and slander operations in order to confuse the political scene and create strife within the Shiite political component, but the coordination framework took into account these negative experiences for the purpose of exceeded at the present stage.

He added that "the heads of the political forces within the coordination framework, and during a meeting yesterday evening, agreed to maintain complete secrecy for the candidates for the position of prime minister for fear of attempts to falsify the purpose of thwarting the negotiations of the committee that was formed to negotiate with other political forces," revealing that "there is a concern within the framework that There will be no difference in visions regarding agreement on a specific figure to lead the next government.”

Al-Bayati explained, "The leaders of the framework agreed to maintain complete secrecy for the candidates for the position of prime minister for fear of attempts to undermine the purpose of thwarting the negotiations of the committee that was formed to negotiate with other political forces." on a specific figure to lead the next government.”


Al-Sadr attacks Barham Salih .. “It is shameful for the people that their president should be normalizing and subservient.”

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The leader of the Sadrist movement, Muqtada al-Sadr, attacked today, Tuesday, the President of the Republic, Barham Salih, for refusing to sign a law criminalizing normalization.

Al-Sadr said in a tweet followed by Earth News, "It is very, very shameful for the so-called President of the Republic of Iraq: (Barham) to refuse to sign the law (criminalizing normalization), so it would be shameful for the people for their president to be normalizing and unpatriotic, rather subordinating to the West or the East. “.

Al-Sadr added, "I am innocent of this crime before God and the Iraqi people, and I regret his candidacy for the presidency before and after."

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Hammam Al-Shamaa: The oil and gas law will soon see the light

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The economic expert, Hammam Al-Shamma, confirmed that the oil and gas law will see the light soon.

He told the National Iraqi News Agency ( NINA ) that the law, which has been on the shelves for more than 14 years, will soon see the light of day due to its importance to the country and its economic situation.

Al-Shammaa added that the reason for the delay was the existence of continuous differences during the successive periods over the past years, indicating that the statement of the last coordination framework is an important step towards its approval.

He explained that the parameters of the law have become clear, given that the region's companies are Iraqi national and operate independently of the North Oil and Central and South Oil companies.

Al-Shamaa added that the situation requires everyone to pass the law because of its importance.

The coordinating framework announced an initiative from several points to end the political blockage, including the legislation of the oil and gas law


The National Business Council presents a number of economic visions

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The Iraqi National Business Council held a workshop in order to advance the economic reality of the country, where an integrated vision was presented during the next stage, in the presence of a number of personalities and experts in the economy.


Standing on some problems in the government program and focusing on the investment budget to build projects, were the most prominent points raised by the Iraqi National Business Council, in addition to a number of integrated economic visions to advance the country's reality.

Establishing a unified national council to control the construction and investment file, which was among the projects of the workshop to prevent waste of public money within ministries and the rest of the joints and state institutions.


and needsIraqAccording to specialists, a unified economic map that attracts investment, in order to build housing complexes and restore the infrastructure of electricity, water, and services, for which the Iraqi citizen has been waiting for years and years.






Below here is the WOTS for the day "Word on the Street" report:


A list of the Iraqi dinar exchange rate against the dollar on the Iraqi Stock Exchange for today, Tuesday (June 28, 2022), according to specialists.  


Baghdad - the stock exchange  

148,100  

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The price is in most Baghdad exchanges  

147,500  

148,500  

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Basra - Bursa  

148,250  

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Erbil - Bursa  

148,225 


The Markets:
The Asian markets closed up NIK up by .66% HSI by .85% SHANG by .89%
The UK markets are currently trading in the green from .50% to 1.13% 
Our futures are currently trading up  DOW at 31594 by .54% SNP at 3922.5  by .48% NDX at 12098.25  by .40%

Precious Metals:
Gold is green at 1826 Silver is green at 21.27 Copper is green at 382 Platinum is green at 910 

Brent 117 WTI  111   Bitcoin: 21,021  10 yr yield: 3.24

Favorite Currencies Forex Quotes

SymbolBidAskHighLowOpenChangeTime
 USD/IQD  1432.3000  1489.1000 1457.9000 1457.8000 1457.8000  -0.2000 11:57
 USD/VND  23255.0000  23265.0000 23247.1800 23246.8000 23246.9400  -0.0800 23:17
 USD/CNY  6.6867  6.6887 6.7005 6.6751 6.6910  -0.0044 05:16
 USD/KWD  0.3062  0.3072 0.3062 0.3060 0.3062  -0.0001 05:01
 GBP/USD  1.2266  1.2266 1.2291 1.2251 1.2265  0.0001 05:17
 USD/IRR  42100.0000  42600.0000 42378.5000 42358.6000 42378.5000  29.3000 11:44
 USD/IDR  14838.0000  14838.0000 14844.0000 14789.0000 14794.0000  39.0000 05:17

Things in the News:

Iraqi Articles:

spending redirection

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It seems that we are now facing a set of facts in which priorities must be set to overcome the setback caused by the confusion that the country has witnessed due to internal and external political factors and the interference of international wills over the course of years.

We are now facing an economic reality that still suffers from structural imbalances, and sustainable contracts resulting from being a unilateral rentier economy, and incapable of employing rent in a way that establishes an economy in which revenues are diversified as a result of employing oil revenues in favor of political positions without considering the plans and programs proposed by the relevant authorities. The relationship and research and scientific bodies, as well as the adoption of reactions and prosthetic treatments in addressing crises.

While we are witnessing an increase in oil revenues due to the rise in oil prices as a result of the economic war the world is witnessing following the war in Ukraine, and the increase in Iraq's production share to about 4.8 million barrels per day. At a time when the world is witnessing an increase in commodity prices resulting from the inflation witnessed by the markets as a result of this economic war, which applies to inflation rates in all countries of the world, especially countries affected by imported inflation due to the effects of energy prices on the one hand and the dependence of local markets on imported goods, including Iraq.

Commodity prices, especially food, are rising due to the struggle of giants producing wheat and other grains, while Iraq’s production capacities are declining due to the farmers’ reluctance to farm due to the disruption of the payment of their dues over successive years, and then the decline in the area of the agricultural plan due to rain retention and the low water level in the Tigris and Euphrates rivers. Because of the Turkish (Cap) project, which consists of a large number of dams on the tributaries of the two rivers, specifically the giant Alesso dam on the Tigris River, which portends a food crisis in the event of the giants’ conflict intensifying, and then it is necessary to arrange priorities and redirect spending in the 2023 budget according to tools The strength of financial accumulation, and the priorities of addressing the weaknesses in the agricultural and industrial file, specifically the cultivation of strategic crops and support for food industries projects.

Not only that, we need to direct spending and adjust its tools to deal with waste and implement development programs with precision, which requires leaving dependence on the budget of the items concerned with spending control only, and adopting the budget of programs and plans concerned with measuring implementation rates in projects as a basis for spending control.


An Iraqi ministry grants one of its categories a feast of 100,000 on the occasion of Eid al-Adha

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The Ministry of Labor announced today, Tuesday, that insured workers will be granted a feast of 100,000 dinars on the occasion of the blessed Eid Al-Adha.

Bain stated to the Ministry, received by Earth News, that "the agency of the Minister of Labor and Social Affairs, Judge Salar Abdul Sattar, announced the release of the salaries of retired workers insured in Baghdad and the provinces for the month of July 2022, and granting them a gift of (100,000) thousand dinars on the occasion of the blessed Eid al-Adha.

And the Director-General of the Department of Retirement and Social Security for Workers, Kholoud Hiran Al-Jabri, stated, according to the statement, that "the department has completed all procedures related to the salaries of its insured retired workers, and they will be launched starting from Tuesday evening, corresponding to 06-28-2022.

Kurdistan Union: The ball is in the coordinating framework court, and there is no talk of a second term for Al-Kazemi

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, the leader of the Patriotic Union of Kurdistan, Rabiha Hamad, said, on Tuesday, that the ball and the initiative are in the field of the coordination framework at the present time.

Hamad told Mawazine News that "the coordination framework must expedite negotiations with other political parties and form the government, as the matter depends on determining the personality of the next prime minister."

She added, "The Kurdish blocs are not a party to delaying the formation of the government, and that the efforts of the Kurdistan Union describe the convergence of views."

And she continued, "Any talk about a second term for Al-Kazemi is media, and no talk in this context or matter was addressed."


Al-Sadr attacks Barham Salih .. “It is shameful for the people that their president should be normalizing and subservient.”

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The leader of the Sadrist movement, Muqtada al-Sadr, attacked today, Tuesday, the President of the Republic, Barham Salih, for refusing to sign a law criminalizing normalization.

Al-Sadr said in a tweet followed by Earth News, "It is very, very shameful for the so-called President of the Republic of Iraq: (Barham) to refuse to sign the law (criminalizing normalization), so it would be shameful for the people for their president to be normalizing and unpatriotic, rather subordinating to the West or the East. “.

Al-Sadr added, "I am innocent of this crime before God and the Iraqi people, and I regret his candidacy for the presidency before and after."

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CBI Update:  Just  a note:

They have been having auctions and the ISX has been trading regularly; the sites just don't update in time to put the information in this report, unless it is 
here.   

Click on the link above for the latest update.

The CBI for rate is 1460

The currency auction for June  28th, 2022 total sales amount $244,015,310

including   $52,450,000. CASH 



ISX Update:   

www.isx-iq.net/   

Shares Traded: 
Value Traded: 

closed 


6-28-2022   Intel Guru MarkZ   [via PDK]  In Kuwait…literally that morning they said it would be 2-3 years before they RV’d…then they turned around and did it that same morning... Kuwait shot all the way up to $9.88 before it settled back down to the $4 range...Iraq cannot wait another couple years without an RV. Because of political instability and their low currency-because the country has great wealth…historically Iraq is one of the wealthiest regions in the whole world…vast oil reserves and gold reserves as well…

6-27-2022   Intel Guru Frank26
   Question:  "Spoke with a financial advisor and they said she was going to have to travel to Iraq and exchange her notes for small category notes and bring them back here to exchange for USD.  Is this correct IYO?"  Go back to that person and ask them 'Do you know how many dinar the United States Treasury has in its reserves right now?' ...It's more than 54 billion American dollars worth of dinars...You think America is going to have to go into Iraq, convert them into NSCN and then bring those back to an American bank...? No. That's not how it going to works.

6-27-2022   Newshound Guru Tivon  Article:  "Iraq uses the policy of "raising reserves" to control inflation"   So here we are once again being reminded that Iraq has enough of reserves to cover the reinstatement of the Dinar...So when you compile everything as to all the sectors that is ready...You can't help but anticipate what is next. And we know what that is. Al-Kazemi already gave the go ahead a couple of days ago. IMO

6-27-2022   Newshound Guru Kaperoni  Monetary policy of the Iraqi dinar is at the sole discretion of the Central Bank of Iraq along with the guidance of the IMF. No parliamentary signatures, news articles or political figures have input.

6-27-2022   Guru Nader From The Mid East  They refuse to put back the dinar to 1200...They're asking the CBI to put back the dinar to its previous exchange rate which the CBI has other plans by Rving the dinar...I'm glad they didn't accept the 1200 because it's not worth it for nobody...for me it's good news. I prefer wait on RV than change it 1200 and wait 10 more years to RV...

6-27-2022   Intel Guru MarkZ   [via PDK]  There is a whole lot of chatter from redemption centers …most of my people are looking at the very first of July now...but, I wouldn’t be surprised if we had it 10 minutes from now.

6-27-2022   Newshound Guru MilitiaMan   Article: "Al-Shammari: Talking about changing the exchange rate is a media bid" Quote "Talking about changing the exchange rate is unrealistic..."  This guy is connected to Maliki all day long. imo...The EFSL is law. They have not yet exposed that fact in the Gazette... So, to trigger internationalism a new exchange rate is warranted...changing the exchange rate is not unrealistic in fact it is imo inevitable..

6-27-2022   Newshound Guru Samson  Article:  "Parliamentary Finance denies the possibility of restoring the dollar exchange rate: it confuses the market and investment projects"  Quote:  "the Parliamentary Finance Committee denied what was recently reported about Parliament's efforts to restore the exchange rate of the dollar to its previous level, 1200 Iraqi dinars for every US dollar."

6-27-2022   Newshound Guru Tivon   Article: "Implementation of the Automation Program for Customs and Tax Receipts"  Game Time. The ATMs are ready. AYSCUDA is ready. BUNA Platform is ready. General Tax Authority is ready. Now Customs & Tax are ready. The HCL/Oil & Gas is ready. The EFSL is ready. And the contracts are signed...Everything is prepared for roll out. The hard currency reserves are covered so they can deal with any inflation from the onset of reinstatement if any were to occur. All of this occurred without a seated government or 2022 Budget.

6-27-2022   Intel Guru MarkZ  [via PDK]   What were we told to expect would happen at the end Massive amounts of dis-information. Massive amounts of smoke…all kinds of conflicting statements to expect at the end… I think all of this is an extremely good sign that we are really close to it. This is what we saw before Kuwait…before Iraq last time…what we saw before China RV’d…This is classic textbook.

Catnip's Corner:
On Hiatus

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