WOTS MON MAY 3 21
These are the articles I discussed in the My FX Buddies Podcast <=click there to listen to the podcast
**Program note at 14:36 I say ETH Ethereum was in the thousands but I meant hundreds
The Iranian currency is seeing a 4% recovery in a matter of hours
The Iranian currency witnessed, on Sunday, a recovery in the currency market in Tehran, by 4%, within hours, as the value of the US dollar fell from 23,150 tomans yesterday, to 22,000 tomans as of writing this news.
Observers attribute this rise to the ongoing nuclear talks between Iran and the other parties to the nuclear deal in Vienna, and talk of an initial understanding that would require lifting sanctions on oil and gas exports and Iranian banking dealings.
It is noteworthy that most of the banking shops in the currency market in Tehran are closed due to the Corona pandemic.o be noted that the Vienna talks are taking place within the framework of the nuclear agreement and in the presence of representatives from Iran and 4 + 1 countries only, and there are no direct or indirect negotiations on the agenda of the Iranian delegation with the US delegation.
Rocket attack targeting an international coalition base at Baghdad airport
The second of its kind within ten days and coincides with attempts to achieve a rapprochement between Washington and Tehran
On Sunday evening, two missiles targeted Baghdad airport, where US forces are deployed in an attack that is the second of its kind within ten days and coincides with attempts to achieve rapprochement between Washington and Tehran, which often adopts loyal Iraqi factions targeting US interests in this country.
The Iraqi army said that at least two rockets landed in the vicinity of Baghdad International Airport on Sunday. He added that one of the missiles was intercepted and dropped near the airport, without causing any casualties or damage.
And two security officials said earlier that the two missiles were fired from an area near the airport, according to Reuters.
A similar missile attack targeted the airport on April 22nd.
For his part, a security official told the French Press Agency that one of the rockets landed near the air base at Baghdad airport, where the coalition forces are stationed against the "ISIS" led by Washington.
The official, who asked not to be named, explained that the second missile was intercepted by the "C-Ram" defense system, which are anti-air batteries that the Americans had deployed to protect their forces in Baghdad and the Kurdistan region of Iraq after they were targeted with dozens of missile attacks.
No party immediately claimed the attack, but Washington regularly accuses Iraqi armed factions close to Iran of targeting its forces and diplomats in Baghdad and other military bases deployed in Iraq where American soldiers are stationed.
Since US President Joe Biden came to power at the end of January, about 30 attacks with improvised explosive devices or missiles have targeted logistical convoys of the international coalition and bases containing US soldiers and the US embassy in Baghdad.
These attacks resulted in the deaths of two foreign contractors, nine Iraqis, who were one contractor, and eight civilians.
Dozens of other missile attacks have targeted Americans in Iraq since the fall of 2019 under the administration of former President Donald Trump, and have also left dead and wounded.
The attacks reached a new level in mid-April, when Iraqi factions loyal to Iran carried out for the first time a car bomb attack on a military base hosting Americans at Erbil airport in the north of the country.
Unknown groups have claimed responsibility for some of the attacks, and observers say they are only fronts for Iraqi organizations loyal to Iran, whose leaders constantly vow to escalate attacks against 2,500 American soldiers deployed in Iraq.
Discussions are currently taking place in Vienna to try to revive the international agreement on the Iranian nuclear file, thanks to the change of administration in Washington.
Trump unilaterally withdrew his country from the agreement in 2018 and re-imposed sanctions on Iran. In response, Tehran gradually abandoned its obligations under the agreement.
The Iraqi Oil Minister expects that prices will not drop to less than $ 65 a barrel
Mubasher: The Iraqi Oil Minister, Ihssan Abdul Jabbar Ismail, said today, Monday, that he does not expect oil prices to drop to less than $ 65 a barrel.
The minister added, during a press conference, according to Reuters, that in the event of a decline in prices, it should not be a source of concern after OPEC + reduced production cuts from May.
Ismail pointed out that the development of the Mansouriya gas field is expected to cost $ 2.1 billion.
The minister pointed out that Iraq was in discussions about the purchase of ExxonMobil shares in the West Qurna 1 oil field in the southwest of the country.
The "OPEC" alliance agreed to ease production restrictions by 350,000 barrels per day in May, another 350,000 barrels in June, and another 450,000 barrels or so in July 2021.
Employment: Benefit arrears since 2016 will be calculated retroactively
link
Today, Sunday, the Ministry of Labor and Social Affairs confirmed that the salaries of the subsidy in arrears since 2016 will be calculated retroactively, while it revealed the existence of a plan to eradicate poverty by the end of 2030.
The Undersecretary of the Ministry of Labor and Social Affairs, Abeer Mahdi Mohsen Chalabi, said that "the form The approved social protection system is supposed to be replaced on an annual basis, due to the possibility that some information may be updated or some of it deleted, stressing that “since 2018, until today, there has been no renewal of this form.”
She added: This prompted me to contact the Ministry of Planning, considering that it is considered a contributing part in the development of information and data.
She emphasized, "It was planned that poverty would be eradicated by the end of 2030, but this does not mean eliminating it exclusively through subsidies from the Ministry of Labor. What we offer is not considered a salary but rather an improvement of the individual or family's situation." Three young people, but they are unemployed, and these enable them economically with training, and after that it is possible to give them a specific loan to establish a project that raises the family's income, thus leaving the database and improving its level.
And she added, "We are not bound by a subsidy that creates a dependent society that is dependent on itself and others. Rather, we want to enable all groups to participate in the development process, even those with disabilities who are able to work. Some of them are champions of athletes who have set records in the world," confirming that " The world is destined to empower all segments to contribute to the process of building and development, and we do not rely on youth only. "
She indicated, "The training centers in the ministry must be invested in training young people in several ways, and not be limited to classic, traditional professions such as carpentry and TV repair. Today there are decent jobs and advanced professions and our programs must be developed, and we must open the ministry wide to international organizations of experts and specialists." And shareholders. "
She explained, "The Ministry of Social Affairs works for a wide segment, including the weak and marginalized, and it alone cannot accomplish anything. There are supportive bodies, governmental or civil, local or international, that must combine their efforts with us."
Regarding the meals that have not received the subsidy salaries since 2016, Chalabi confirmed, "After the budget is approved, they will be included retroactively, as long as they are registered in the database, and even the Master Card is ready, and the Ministry will give them priority to compensate for the delay in the aid for them."
The Undersecretary of the Ministry of Labor and Social Affairs, Abeer Mahdi Mohsen Chalabi, said that "the form The approved social protection system is supposed to be replaced on an annual basis, due to the possibility that some information may be updated or some of it deleted, stressing that “since 2018, until today, there has been no renewal of this form.”
She added: This prompted me to contact the Ministry of Planning, considering that it is considered a contributing part in the development of information and data.
She emphasized, "It was planned that poverty would be eradicated by the end of 2030, but this does not mean eliminating it exclusively through subsidies from the Ministry of Labor. What we offer is not considered a salary but rather an improvement of the individual or family's situation." Three young people, but they are unemployed, and these enable them economically with training, and after that it is possible to give them a specific loan to establish a project that raises the family's income, thus leaving the database and improving its level.
And she added, "We are not bound by a subsidy that creates a dependent society that is dependent on itself and others. Rather, we want to enable all groups to participate in the development process, even those with disabilities who are able to work. Some of them are champions of athletes who have set records in the world," confirming that " The world is destined to empower all segments to contribute to the process of building and development, and we do not rely on youth only. "
She indicated, "The training centers in the ministry must be invested in training young people in several ways, and not be limited to classic, traditional professions such as carpentry and TV repair. Today there are decent jobs and advanced professions and our programs must be developed, and we must open the ministry wide to international organizations of experts and specialists." And shareholders. "
She explained, "The Ministry of Social Affairs works for a wide segment, including the weak and marginalized, and it alone cannot accomplish anything. There are supportive bodies, governmental or civil, local or international, that must combine their efforts with us."
Regarding the meals that have not received the subsidy salaries since 2016, Chalabi confirmed, "After the budget is approved, they will be included retroactively, as long as they are registered in the database, and even the Master Card is ready, and the Ministry will give them priority to compensate for the delay in the aid for them."
Al-Halbousi arrives in Erbil
The Speaker of the House of Representatives, Muhammad al-Halbousi, arrived today, Monday, in Erbil Governorate, the capital of the Kurdistan region.
Our correspondent said that the Speaker of Parliament, Muhammad al-Halbousi, arrived in the governorate of Erbil, and he was received by the deputy speaker of the region’s parliament, Hayman Hawrami, and the governor of Erbil, Omid Khoshnaw.
He pointed out that Al-Halbousi is scheduled to meet with the President of the Kurdistan Democratic Party, Massoud Barzani, the President of the Kurdistan Region, Nechirvan Barzani, the President of the Regional Government, Masrour Barzani, and other officials in the region.
He added that the Speaker of Parliament will discuss the political situation in Iraq, the upcoming elections, with regional officials, and files of common interest.
Law enforcement forces send a message to the protesters
Today, Monday, law enforcement forces sent a message to "peaceful demonstrators."
In a brief statement Alsumaria News obtained a copy of, the forces said, "My brother, the peaceful demonstrator, in a peaceful protest, you find all security forces at your service, cooperate with us and do not allow intruders to cause sabotage."
And, "the best solution to have your voice heard is your commitment to peaceful demonstrations."Are Gulf investments in Iraq subject to negotiations with Iran?
US reports confirmed that the Iraqi Prime Minister, Mustafa Al-Kazemi, made visits to Saudi Arabia and the UAE in March and April to request financial assistance, but what he got instead was a commitment to invest $ 3 billion.
While the "New York Times" quoted Iraqi and Iranian officials as saying that the head of Saudi intelligence began secret talks last month with a high-ranking Iranian security official in Baghdad.
Will Tehran give up its influence in Iraq ?
On this topic, the guest of the "Where is the Truth" program on "Sputnik" radio, professor of political thought, Dr. Issam Al-Faily says:
"The fears that were facing Gulf investments lie in the lack of a safe environment for them in Iraq, despite the Iraqi government's promises. Therefore, perhaps one of the factors for initiating and approving Saudi investments is the nature of the Iranian-Saudi negotiations."
Al-Faily continued by saying, "All indicators in the region began calling for calm and understandings, due to the Saudi-Iranian desire in this regard, and by virtue of what the Iraqi Prime Minister possesses of integrated information on the two parties, which helped him open many files away from media marketing for both Parties. "
Al-Faili added, "Gulf investment was colliding in one way or another with the strong Iranian influence in Iraq, and the Gulf states are fully aware that Iran controls the northern Gulf, but today's Iranian strategy has changed and realized that the escalation is not working."
And, "the best solution to have your voice heard is your commitment to peaceful demonstrations."
Are Gulf investments in Iraq subject to negotiations with Iran?
US reports confirmed that the Iraqi Prime Minister, Mustafa Al-Kazemi, made visits to Saudi Arabia and the UAE in March and April to request financial assistance, but what he got instead was a commitment to invest $ 3 billion.
While the "New York Times" quoted Iraqi and Iranian officials as saying that the head of Saudi intelligence began secret talks last month with a high-ranking Iranian security official in Baghdad.
Will Tehran give up its influence in Iraq ?
On this topic, the guest of the "Where is the Truth" program on "Sputnik" radio, professor of political thought, Dr. Issam Al-Faily says:
"The fears that were facing Gulf investments lie in the lack of a safe environment for them in Iraq, despite the Iraqi government's promises. Therefore, perhaps one of the factors for initiating and approving Saudi investments is the nature of the Iranian-Saudi negotiations."
Al-Faily continued by saying, "All indicators in the region began calling for calm and understandings, due to the Saudi-Iranian desire in this regard, and by virtue of what the Iraqi Prime Minister possesses of integrated information on the two parties, which helped him open many files away from media marketing for both Parties. "
Al-Faili added, "Gulf investment was colliding in one way or another with the strong Iranian influence in Iraq, and the Gulf states are fully aware that Iran controls the northern Gulf, but today's Iranian strategy has changed and realized that the escalation is not working."
Minister of Planning: Economic reform policies require time to touch their results
The Minister of Planning, Khaled Battal Negm, confirmed today, Sunday, that economic reform policies require time for citizens to see their results.
The Ministry of Planning stated in a statement that “The Minister of Planning, Khaled Battal Al-Najm, received the Tunisian ambassador to Iraq, Reda Zaqedan, and during the meeting, aspects of joint cooperation between the two brotherly countries in various fields were discussed, foremost among which was economic and investment cooperation, and the exchange of experiences.”
The Minister of Planning indicated, according to the statement, “Iraq's willingness to cooperate with Tunisia, in a way that strengthens and develops bilateral relations,” indicating that “the future development direction of the Ministry of Planning is to reduce dependence on oil and diversify the sources of the economy, by focusing on investments in the field of Clean energy, indicating that the establishment of sovereign funds, to support the investment movement, has become one of the developmental trends, by financing these funds from the surplus of oil sales, while rationalizing the state’s public spending.
He pointed out that "economic reform policies require an appropriate time for citizens to see their results."
According to the statement, the Tunisian ambassador valued "the exceptional efforts made by the Iraqi government to contain the complex health and economic crisis, expressing his country's readiness to open new horizons for joint cooperation between the two brotherly countries."
The arrest of a person who tried to set fire to the central oxygen outlet of a hospital in Baghdad
hmmmm justlike last week
The Director of Al-Karkh Health, Jaseb Al-Hijami, announced, on Sunday, the arrest of a person who tried to set fire to the central oxygen outlet in Dar Al-Salam Hospital in a hall designated for treating Corona patients.
Al-Hijami said in a statement that Mawazine News received a copy of, that "a short while ago, a person was caught trying to set fire to the central oxygen outlet in Dar Al-Salam Hospital - the pharmaceutical martyr Suhair Shaker hall designated for treating Corona patients, and the flame was extinguished directly by the affiliates. Culprit of intelligence. "
He added, "We reiterate our assurances to all affiliates to take the highest degree of caution and caution and to remain vigilant at all times."
Below here is the regular WOTS "Word on the Street" report for the day:
on Monday (May 3, 2021), the prices of the dollar, foreign currencies, gold and oil, according to the monitoring of specialists.
The price of the dollar against the Iraqi dinar
Exchange offices prices:
The sale price of the dollar is 148,500
The purchase price of the dollar is 147,500
approximate
Favorite Currencies Forex Quotes
| Symbol | Bid | Ask | High | Low | Open | Change | Time |
|---|---|---|---|---|---|---|---|
| USD/IQD |  1439.7000 |  1489.5000 | 1457.3000 | 1456.7000 | 1456.7000 |  0.0000 | 11:25 |
| USD/VND | 23054.0000 | 23056.0000 | 23027.4200 | 23023.2800 | 23023.9300 | -1.3600 | 16:00 |
| USD/CNY | 6.4727 | 6.4747 | 6.4735 | 6.4727 | 6.4735 | -0.0007 | 01:22 |
| USD/KWD | 0.3009 | 0.3019 | 0.3009 | 0.3008 | 0.3008 | 0.0001 | 04:53 |
| GBP/USD | 1.3852 | 1.3854 | 1.3859 | 1.3802 | 1.3813 | 0.0044 | 05:04 |
| USD/IRR | 42000.0000 | 42210.0000 | 42097.5000 | 42097.5000 | 42097.5000 | 0.0000 | 00:00 |
| USD/IDR | 14427.0000 | 14427.0000 | 14463.0000 | 14404.0000 | 14440.0000 | -18.0000 | 05:04 |
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Low oil prices due to the outbreak of the Corona virus in India
Oil prices plunged on Monday, as lower demand in virus-affected India dampened optimism for an oil price recovery.
Initial data showed that domestic fuel sales to Indian state refiners fell in April due to statewide restrictions aimed at stemming the second outbreak of coronavirus infections.
Indian authorities reported 401,993 new cases in the past 24 hours, the highest daily number globally.
Brent crude for July settlement was down 0.26 percent to $ 66.50 a barrel on the ICE Futures Exchange at 05:24 GMT.
West Texas Intermediate for June delivery fell 0.28% to $ 63.30 a barrel on the New York Mercantile Exchange.
Oil prices had risen in early 2021 against the backdrop of the possibility of a recovery in demand with the introduction of Covid-19 vaccines, paving the way for greater economic activity. However; The recovery has been uneven, with some countries experiencing renewed waves of the virus. Meanwhile, the Organization of the Petroleum Exporting Countries and its allies this month began easing supply restrictions they imposed last year to drain swollen global stocks and revive prices.
Rocket attack targeting an international coalition base at Baghdad airport
The second of its kind within ten days and coincides with attempts to achieve a rapprochement between Washington and Tehran
On Sunday evening, two missiles targeted Baghdad airport, where US forces are deployed in an attack that is the second of its kind within ten days and coincides with attempts to achieve rapprochement between Washington and Tehran, which often adopts loyal Iraqi factions targeting US interests in this country.
The Iraqi army said that at least two rockets landed in the vicinity of Baghdad International Airport on Sunday. He added that one of the missiles was intercepted and dropped near the airport, without causing any casualties or damage.
And two security officials said earlier that the two missiles were fired from an area near the airport, according to Reuters.
A similar missile attack targeted the airport on April 22nd.
For his part, a security official told the French Press Agency that one of the rockets landed near the air base at Baghdad airport, where the coalition forces are stationed against the "ISIS" led by Washington.
The official, who asked not to be named, explained that the second missile was intercepted by the "C-Ram" defense system, which are anti-air batteries that the Americans had deployed to protect their forces in Baghdad and the Kurdistan region of Iraq after they were targeted with dozens of missile attacks.
No party immediately claimed the attack, but Washington regularly accuses Iraqi armed factions close to Iran of targeting its forces and diplomats in Baghdad and other military bases deployed in Iraq where American soldiers are stationed.
Since US President Joe Biden came to power at the end of January, about 30 attacks with improvised explosive devices or missiles have targeted logistical convoys of the international coalition and bases containing US soldiers and the US embassy in Baghdad.
These attacks resulted in the deaths of two foreign contractors, nine Iraqis, who were one contractor, and eight civilians.
Dozens of other missile attacks have targeted Americans in Iraq since the fall of 2019 under the administration of former President Donald Trump, and have also left dead and wounded.
The attacks reached a new level in mid-April, when Iraqi factions loyal to Iran carried out for the first time a car bomb attack on a military base hosting Americans at Erbil airport in the north of the country.
Unknown groups have claimed responsibility for some of the attacks, and observers say they are only fronts for Iraqi organizations loyal to Iran, whose leaders constantly vow to escalate attacks against 2,500 American soldiers deployed in Iraq.
Discussions are currently taking place in Vienna to try to revive the international agreement on the Iranian nuclear file, thanks to the change of administration in Washington.
Trump unilaterally withdrew his country from the agreement in 2018 and re-imposed sanctions on Iran. In response, Tehran gradually abandoned its obligations under the agreement.
Italian Foreign Minister confirms his country's support for the stability of Iraq
During a meeting with his Iraqi counterpart Fuad Hussein in the capital, Rome
This came during a meeting with his Iraqi counterpart Fouad Hussein, on Sunday, in the capital, Rome, according to a statement issued by the Italian Foreign Ministry.
Di Maio stated that "the stability of Iraq is important for the entire region," and that Italy will continue to support this stability with all its institutions.
The statement indicated that the two ministers discussed bilateral relations between Rome and Baghdad, as well as cooperation in combating the terrorist organization "ISIS".
CBI Update: Just a note:
including $29,500,000. CASH
ISX Update: Shares Traded: not updated for todayValue Traded: not updated for today
5-2-2021 Intel Guru BobTheTaxMan When this thing does come to fruition and it will...one of the first things everybody is going to do is going to experience an emotion...based deeply in fear and partially in greed. The first thing everyone is gonna want to do is they're gonna be afraid and they're gonna go cash in their IQD and they're gonna get hit with the biggest taxes they can possibly get clobbered with. [post 1 of 2....stay tuned]
5-2-2021 Newshound Guru MilitiaMan ...For the Dinar and Dollar to be interconnected electronically this weekend per an article is a big deal, imo. The USA has told the Iraq Trade Bank that we will support you during and after the process of electronic paring of the USD and IQD. The USA did the same for the CBI, for supporting them along the way as well. The country of Iraq has Financial Inclusion (E-Gov, E-Commerce, E-Banking, E-Currency, salaries, payments, settlements, etc.) and that also goes for the region that represents the AMF. We know the Taxes, Fees, Customs, etc., are ready electronically now at the borders, too. They said that accomplishment was a first time ever!!...JPM has gamed a deal with the UST to clear the USD electronically on the BUNA platform owned by the AMF. That platform is an electronic clearing system. All these things took years to accomplish! It is quite clear they are gearing to show their hand...I like it Big Time!
5-2-2021 Newshound Guru Breitling Is Iraq SWIFT compliant yet? No they are not. But here's the thing. They don't need to be SWIFT compliant to add value to their currency. They just don't. Not every country is on the SWIFT system. Would it help? Absolutely. One of the things if Iraq really wants to get into the SWIFT system is to correct the value of its currency...until Iraq adds value to its currency they're not going to be in the SWIFT system. When you see language that Iraq wants to be in the SWIFT system you've got to be happy because they know they need to add value to it...Iraq wants to be part of the SWIFT system...
5-2-2021 Newshound/Intel Guru Petra The budget is legal. It's been printed in the Gazette. It's enforced. It's done...We're all excited. There's chatter. There's stuff going on. I think we should see something here soon...I know it's a broken record but you know we don't control it. I wish we did we could be done...
5-2-2021 Intel Guru Frank26 Somebody's buying time in Iraq. It's almost comical. It's every week we see 'okay, let's postpone this.' Postpone this my gluteus!...but there are a lot of things moving and happening... "chatter" that's a key word...there's a lot of chatter...we're dealing with the financial inclusion. I love it because we also have the budget law. We have all the things that are necessary to get this rate going now...this is serious. None of these things have ever been before in front of our eyes...I do not call it financial inclusion. I call it financial conclusion...
5-2-2021 Newshound Guru Militiaman That devaluation that they did is actually in a sense creating value if they drop the 3 zeros because 1480 when you drop 3 zeros off its $1.48 for instance but if you go to 1500 [it] equals $1.50. The citizens in essence even though they are probably going to be looking like they're getting hammered by inflation and the devaluation, in the end/long run if they do drop the zeros and they have it at that rate they make more money IMO...
