Thursday, October 28, 2021

WOTS THU OCT 28 21 To gain investor confidenceTo gain investor confidence

 WOTS THU OCT 28 21 

To gain investor confidence

There's no My FX Buddies Podcast today



Publishes the dollar exchange rates on the local stock exchange on Wednesday, (October 27, 2021), according to the monitoring of specialists.   

 

Baghdad - the stock exchange  

147,650  

....  

▪️The price in most Baghdad exchanges ▪️  

Purchase  

147,250  

Sale  

148,000  

———————— 

Basra - Bursa  

147,700  

———————— 

Erbil - Bursa  

147,500  

————————  

Sulaymaniyah - Bursa  

147,600  

———————  

Mosul - Bursa  

147,500  




The Markets:

Precious Metals:
 
Brent 83 WTI  81  Bitcoin: 61,132  10 yr yield: 1.55


Favorite Currencies Forex Quotes

SymbolBidAskHighLowOpenChangeTime
 USD/IQD  1433.4000  1485.1000 1459.7000 1459.6000 1459.7000  2.6000 14:48
 USD/VND  22750.0000  22760.0000 22754.5300 22754.4400 22754.4900  0.0500 00:26
 USD/CNY  6.3969  6.3989 6.4036 6.3913 6.3916  0.0054 05:30
 USD/KWD  0.3012  0.3022 0.3013 0.3012 0.3013  -0.0001 05:10
 GBP/USD  1.3757  1.3758 1.3773 1.3722 1.3738  0.0019 05:31
 USD/IRR  41995.0000  42495.0000 42229.4000 42212.6000 42229.4000  14.6000 00:00
 USD/IDR  14204.0000  14204.0000 14231.0000 14181.0000 14217.0000  -15.0000 05:31
Things in the News:





Iraqi Articles:

The Sadrist movement reveals a trend regarding the dollar exchange rate

link

The Sadrist movement, led by Muqtada al-Sadr, confirmed today, Thursday, its quest during the next stage to change the exchange rate of the dollar against the Iraqi dinar.

The leader of the movement, Riyadh Al-Masoudi, said, in a statement that followed (Al-Oula News), that "the Sadrist movement will work through the Sadrist Parliamentary bloc as well as the new Iraqi government to change the exchange rate of the dollar against the Iraqi dinar, as raising the exchange rate has a great impact on citizens, especially those with limited incomes. The fact that this rise affected the rise in food prices and other things in the Iraqi markets.”

And he indicated that “the rise in oil prices in the global market will be a guarantee of providing financial abundance, instead of resorting to raising the exchange rate of the dollar, this is the economic solution, which Mustafa Al-Kazemi’s government worked on,” adding: “We will work to find other solutions other than him in a way that does not harm.” The Iraqi people, we are with the people in their aspirations and we will do everything that is in the interest of the people economically.


To gain investor confidence

link

 

It is not possible for any foreign or local investor to put his money into projects in Iraq without securing the entry of that money into profitable businesses, stable atmosphere and ideal conditions for work in all respects. A market economy, which requires specialized national legislation and programs and systematic work systems in harmony with the philosophy of the free economy, which requires strong foundations to enable local or foreign investors to work comfortably and safely.
 
The foundation of reform and the basics of development and growth, which the Iraqis seek for their country, depend on changing the old patterns of the Iraqi economy, with modern methods, formations and laws, that will advance the development process in an accelerating and unzigzag manner, and abolish all concepts of closing in front of the economic developments taking place today, and not to be relegated to the bottom of ideas The obsolete that has disrupted many national projects aimed at promoting promising national development plans, especially those related to attracting investments from international or local companies specialized in various fields for a while now. short.
 
Liberalizing investment in the environment of the national economy and pushing it forward also requires the development of all levels, which are related to it, the most important of which is the removal of the distorted image that has been attached to the investment environment in Iraq, and on the basis of which the negative ideas of investors at home and abroad have deepened, and Iraq is considered a repulsive environment and unfit for it, and in a way Objectively, it must be said that there are factors that led to this undesirable view, including the confusion in managing files related to the implementation of large projects and the emergence of more than one sectoral party willing to manage them to a point where it is difficult for the investor to deal with this problem, and entering into the implementation of projects, which weakens confidence and reduces his chances of success at work out.
 
The process of implementing projects with the investing agencies also requires removing financial complications and contributing to accelerating the implementation of projects in the production and service sectors, the need to provide them with an atmosphere of security, and the adoption of the principle of benefiting from modern technologies for the investing companies, as well as the importance of government agencies realizing that entering into investment projects will provide many opportunities Work and advanced training courses for workers in any sector that can be invested in, and by relying on modern technologies in the field of business, and here an issue arises

It is inevitable to emphasize it, which is the need to notify the investor of the chances of success and profits that come through his entry into the implementation of projects in Iraq. It fits the picture of development in a world Today.




CBI Update:  Just  a note:

The Central Bank of Iraq instructs banks to include cleaners with soft loans

link
The Central Bank of Iraq directed banks that are authorized to grant soft loans to contract employees (cleaners) who are covered by Resolution (315) of 2019, within the instructions for granting soft personal loans to state employees.
And the amount of the loan was previously set at fifteen million dinars, with the submission of a sponsor of an employee whose salary is in one of the authorized banks, and that he has a service of no less than (2) years in one of the municipality’s departments and continues to serve.

Central Bank of Iraq
   Media Office
October 28, 2021

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 October 28th, 2021 total sales amount $170,171,263 . 


ISX Update:   

www.isx-iq.net/

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

10-27-2021   Newshound Guru Kaperoni   Building an economy / private sector improves Iraq's economy in all phases...manufacturing, tourism, agriculture etc. That kind of success growth then would warrant the value of the dinar to gradually appreciate...Having the dinar rise in value is the result of that success. There is no shortcut that is good. [Post 2 of 2]

10-27-2021   Newshound Guru Kaperoni   I often tell people we need to be patient with Iraq because the most important thing is for them to build a private sector economy.  If they do not succeed they will have no choice but then Redenomination the dinar (LOP) notes. Which is not what we want to see.  Despite the frequent nonsense...about deleting three zeros as something that is good. What the Iraqi government is talking about is not. It is a neutral event that does not provide any significant gain to the Iraqi dinar. [Post 1 of 2....stay tuned]


10-27-2021   Newshound Guru Militiaman   My understanding is, that success story was not the only story to be successful...The communication system will require the cross border payments to be transparent, fast and secure. And it is. So, now we just have to watch and see how long they can last without 1,000 - 10,000k notes, let alone 25k notes.  Fairly sure they told us they have been paying citizens electronically and as recent as this past week, so if everyone that gets electronic payments now will be ready for the switch over to having less cash on hand. I'll be looking to have a little more...lol   [Post 2 of 2]

10-27-2021   Newshound Guru Militiaman  There is reason to be excited! ...The evidence is quite clear they have every intention to be digitized, down to their currency. It is no secret anymore that the world is going to be operating at a far more advance pace...So, what can we expect going forward?  Global inter-connectivity. We have been told by the CBI / AMF that they have successfully cleared the Euro with the Jordanian Dinar (JOD). [Post 1 of 2....stay tuned]

10-27-2021   Intel Guru MarkZ   [via PDK]  ...late last night I thought there was an excellent chance that I would be starting this...with the golden egg shirt...There is a lot of pressure not to talk a lot at this time amongst many of us…So details will be getting a bit thin from now on. I am very encouraged that things are moving forward right now...

10-27-2021   Newshound Guru Pimpy  Article quote:  "Salih told Shafaq News there are two types of digital currency, one of which is called cryptocurrency,' noting that 'it is a system outside the control of central banks and financial markets, and it is traded through its subscribers and founders, so that there is a commodity exchange and coverage of transactions outside the control of international finical supervision.' "  Don't you love it?  Of course.  That means a currency for the people by the people.  That is cryptocurrencies.  He's telling you it's outside of their control.  They can't control it.  [Post 2 of 2]

10-27-2021   Newshound Guru Pimpy  Now this is interesting.  Listen to this because this should tell you what you need to know about cryptocurrencies and the great reset...  Article:   "Al-Kazemi advisor comments on a Shafak News report on 'digital currencies and warns against one of them"  Listen to this because this is going to tell you why you should support cryptocurrency ...cryptocurrencies are now coming into Iraq.  There was one that was created and now starting to pick up steam as people have more faith in the cryptocurrency than they do its own currency.   [Post 1 of 2....stay tuned]

10-27-2021   Newshound Guru Breitling  Question:  "Maybe you can answer the question for skeptics/beginners...I started looking at my XE app at the surrounding Middle East oil countries and the values of their dinars, most of these prove Iraq is undervalued?"  Bingo.  Brother, you just said it.  Investing is about comparing.  How can Iraq be one of the top oil markets on the planet yet have one of the lowest currencies in the Middle East...on average they should be .50 - .60 cents compared to what everyone else is doing...

10-27-2021   Intel Guru MarkZ   [via PDK]  When they revalue the Iraqi dinar and you have 25k note (example to make the math easy). Say its $4 (example) …Say they used to use one note to buy a loaf of bread and now it’s worth  maybe 25 grand or 100 grand…how would they make change for these?  So they change the value and release the lower denomination bills without all the zeros on it…this is exactly what they did in Kuwait …Iraq has done this 3 times over the last hundred years. This is the same thing they did in Japan after world war 2 and the same thing they did in Germany after World War 1 and 2…there are many examples of how they handle this throughout history.  [post 2 of 2]

10-27-2021   Intel Guru MarkZ   [via PDK]  I want to address the losing the 6 zeros in Iraq and Vietnam.  Remember before they devalued these currencies…those currencies had a much higher value. They devalued them so they would be cumbersome, not easy to work with. This was their way of sanctioning them financially. So what they do when they fix them is they don’t just chop off 6 zeros. They revalue it and then they print new bills that are lower denominations. They no longer need the larger notes.  [post 1 of 2....stay tuned]

10-27-2021   Newshound/Intel Guru Petra   ...we are right in front watching it occur.  And now, we are at the stage where implementation has begun formally with the ATM’s redistributing the money supply…know that this one small move will ignite the WORLD!!! ...do you realize the HUGE progress that has been accomplished????  Absolutely astounding.  …Yes, one simple move….and the WORLD changes!!!! And I don’t think I even need to say IMO because it’s history we are watching!! ...How long ago have we said...this is not just about Iraq?


Catnip's Corner:
***********
ARTICLE 1 (from PM Kadhimi's  website)

At the time this report was submitted, there are no new articles posted on PM Kadhimi's website.

*************
ARTICLE 2 (from Government of Iraq twitter account)

At the time this report was submitted. there are no new tweets posted on the Government of Iraq twitter account.

*************
ARTICLE 3

Iraq receives an invitation to participate in the work of the Global Industrialization Forum in Italy
10/27-2021 06:05 PM 

Today, Wednesday, the National Investment Commission announced an invitation to Iraq to join the countries participating in the Global Industrialization Forum in Italy.

The authority stated in a statement that "the head of the National Investment Commission, Suha Daoud Najjar, participated in the Global Industrialization Forum, which was held in the Italian city of Cernobbio / Como, at the official invitation of the Global Industrialization Corporation and the United Nations Industrial Development Organization UNIDO."

The head of the National Investment Commission stated in a speech during its participation in the forum, according to the statement, that "Iraq, despite all the challenges it has faced, is proceeding at a steady and sound pace of recovery and advancement and looks to the future in a spirit of openness towards successful experiences and partnerships that enhance opportunities for the development of its sectors in the areas of cost, especially the sector." industrial".

Najjar pointed out that "there are non-oil economic resources owned by Iraq and can be invested in various industries, and the head of the National Investment Commission invited all official bodies, companies and investors specialized in the industrial sector to consider expanding the horizons of cooperation with Iraq."
Al-Najjar called on specialized companies to visit Iraq, stressing the readiness of the commission, Iraqi state institutions and relevant ministries to provide all facilities to start their work, and to build partnerships with the Iraqi public and private sector for the reconstruction of its various sectors, as well as its interest in cooperation; To gain access to modern and advanced knowledge and mechanisms in managing his projects, and his desire to support projects while developing skills, empowering workers, creating the appropriate environment for job opportunities for his children, developing national production and raising the efficiency of services.

The authority indicated that "at the conclusion of the forum, an invitation was extended to Iraq to join the countries participating in the forum, in order to expand cooperation with these countries in the industrial and investment fields."

She added that "the Ambassador of Iraq to Italy, Safiya Al-Suhail, participated in the forum's work."

The authority pointed out that "the United Nations Industrial Development Organization is a specialized agency of the United Nations Organization, headquartered in Vienna - Austria. The main objective of the organization is to promote and accelerate industrial development in developing countries and countries with economies in transition, and to enhance international industrial cooperation."

*************
ARTICLE 4

The Sadrist movement determines the path of its alliances to form the government and the date of its launch
02:22 - 10/27/2021
Baghdad - Mawazine News

The leader of the Sadrist movement, Amir al-Kinani, set, on Wednesday, the date for the start of new dialogues to form the government's political map, while noting that all options are open and there are no red lines.

Al-Kinani said, in a statement to the official agency, and followed by "Mawazine News", that "the formation of the government is premature, because we are waiting for the approval of the election results to know the size of the final political forces," noting that "there are dialogues, movement and understandings with all forces without exception, but we We are waiting when the Federal Court ratifies the results, there will be new dialogues in the formation of the political map for the next four years."

He continued, "The reasons for launching the dialogues are to accept the parties' entry into the program and the government curriculum for the next ministry, because we are talking about the curriculum and programs for the next government," explaining that "all options are open and there are no red lines on the forces participating in the political process."

And he stated, "All forces are respected and appreciated, and their presence is the choice of the public and the voters," explaining that "those who agree with us will be close to the Sadrist bloc that won first place."

He explained, "Real and serious dialogues in forming governments will be through official delegations formed by political forces, while forums and conferences contribute to how to make decisions with political forces, many of which are entrenched within their audience and environment," noting that "conferences take us to multiple environments to be there." Diversity in subtraction.

Al-Kinani pointed out that "the Middle East Forum is not the first, as such meetings and meetings are held periodically and annually because they are interested in Iraqi affairs at the federal and regional levels," noting that "these conferences convey perceptions and visions by many elites and competencies that benefit from Including the political forces to convey the opinion and the other opinion.”

*************
ARTICLE 5

Central Bank: Increasing foreign currency reserves and supporting renewable energy
10/27-2021 03:29 PM 

Today, Wednesday, the Central Bank of Iraq revealed a new strategy for it. The Deputy Governor of the Bank, Ammar Hamad Khalaf, said during the second day of the Miri Forum, which will be held in Erbil, with the participation of 250 Iraqi and foreign personalities: “We will work according to a new strategy at the beginning of the next year 2022.” 

Noting that "the Central Bank's actions increase the size of the national foreign currency reserve." He pointed out that "the largest part of our internal loans is for housing units."

A statement by the Central Bank stated, "The Board of Directors of the Central Bank of Iraq decided, during its meeting for this day, Wednesday, corresponding to 27/10/2021, to allocate funds to finance the purchase of renewable energy generation units." He stressed by saying: "The Central Bank will enhance the liquidity of banks, which in turn will grant soft loans to citizens and projects to acquire renewable energy generating units according to high specifications and with long sustainability."

*************


Posted by at No comments:

WOTS WED OCT 27 21 Winter threatens shop owners and earners in Karbala.. Criticisms of the management of the Iraqi economy

 WOTS WED OCT 27 21 Winter threatens shop owners and earners in Karbala.. Criticisms of the management of the Iraqi economy




There's no My FX Buddies Podcast today:

Publishes the dollar exchange rates on the local stock exchange on Wednesday, (October 27, 2021), according to the monitoring of specialists.   

 

Baghdad - Stock Exchange of struggle  

147,650  

....  

▪️The price in most Baghdad exchanges ▪️  

Purchase  

147,250  

Sale  

148,000  

———————— 

Basra - Bursa  

147,700  

——————— 

Erbil - Bursa  

147,500  

———————  

Sulaymaniyah - Bursa  

147,600  

——————— 

Mosul - Bursa  

147,500 





The Markets:
The Asian markets closed down NIK down by .03% HSI down by 1.57% SHANG down by .98%
The UK markets are currently trading in the red from .25% to .33% 
Our futures are currently trading down  DOW at 35,632 down  by .03% SNP at 4,561.75 down by up  by .08% NDX at 15,525.75 down  by .12%

Precious Metals:
Gold is red at 1787 Silver is red  at 24.01 Copper is red at 442 Platinum is red at 1017 
Brent 85 WTI  83   Bitcoin: 58,600  10 yr yield: 1.60

Favorite Currencies Forex Quotes

SymbolBidAskHighLowOpenChangeTime
 USD/IQD  1435.6000  1487.4000 1457.0000 1457.0000 1457.0000  -0.1000 11:55
 USD/VND  22755.0000  22763.0000 22750.6000 22749.9500 22749.9500  0.6600 00:36
 USD/CNY  6.3931  6.3951 6.3956 6.3806 6.3814  0.0110 05:17
 USD/KWD  0.3012  0.3022 0.3014 0.3013 0.3014  -0.0001 04:58
 GBP/USD  1.3733  1.3734 1.3780 1.3719 1.3762  -0.0029 05:17
 USD/IRR  42000.0000  42500.0000 42245.5000 42198.0000 42245.5000  -7.5000 00:00
 USD/IDR  14226.0000  14233.0000 14235.0000 14142.0000 14150.0000  73.0000 05:16

Things in the News:





Iraqi Articles:

Oil prices fall after US crude oil inventories fall 

link

Oil prices fell on Wednesday after industry data showed that crude stocks rose more than expected and fuel stocks rose unexpectedly last week in the United States, the world's largest oil consumer.

Brent crude futures fell 25 cents, or 0.3%, to $86.15 a barrel after closing at a seven-year high on Tuesday.

West Texas Intermediate (WTI) crude futures were down 26 cents, or 0.3%, at $84.39 a barrel after rising 1.1% in the previous session.

Reuters quoted market sources, citing American Petroleum Institute figures late on Tuesday, as saying: Crude oil stocks rose by 2.3 million barrels in the week ending October 22. This was more than expectations for a rise of 1.9 million barrels.

Gasoline stocks rose by 500,000 barrels and distillate stocks rose by 1 million barrels, compared with expectations for both declines.


Winter threatens shop owners and earners in Karbala.. Criticisms of the management of the Iraqi economy

link

Fear and apprehension among the earners about the winter, when there are fewer "employment" opportunities, as a result of the lack of construction and bad weather, at a time when many shop owners are concerned about the recession that hit their goods and led to the damage of some of them.

This situation applies to many cities of Iraq, including Karbala governorate, whose shop owner, Ali Karim, from Al-Hindiya district, told Shafaq News, "Today we find a clear loss of foodstuffs, as there is a depression at a high level in the market, which is causing Damage and expiration of these materials.

He added that "the accumulation of goods is a big problem facing shop owners, especially in the districts, sub-districts and rural areas whose citizens subsist on agriculture and various earning works."

For his part, citizen Karrar Nazim described the winter season as lean, as he told Shafaq News Agency, "Everyone knows that employment opportunities decrease in the winter, and his alternative was to work as a farmer in farms and orchards."

He added, "The social welfare salary has become one of my dreams to support my family and buy treatment for my young child who is suffering from the disease."

For her part, an expert in economic affairs, Salam Sumaisem, told Shafak News Agency, "The deteriorating economic situation indicates mismanagement."

And she continued, "There is no clear economic administration in Iraq," noting that "the white paper announced by the government worsened the situation."

She expected that, "we are witnessing a rise in oil prices, and the price of a barrel is expected to rise to $100," wondering, "why is the economic situation not improving?"

Simsim explained that "this is because of the economic management," indicating that "in Iraq we have money, but we suffer from mismanagement and corruption represented in the large salaries of some groups.

Economist: Revenue growth must be invested in infrastructure reconstruction

link

 An economic expert, Dhurgham Muhammad Ali, stressed the need to invest in the rise in oil prices in the best way for the reconstruction of infrastructure.

Ali said in a press statement, which was monitored by The Independent today, Wednesday, that "the revenue growth resulting from the increase in oil prices must be directed as an investment to rebuild the dilapidated infrastructure in the sectors of health, education, roads, bridges, electricity and water services."

He added, "The reconstruction of the infrastructure must be in a well-planned and well-prepared manner, and not only on gifts, panic and campaigns."

He pointed out that “the failure of the state in the reconstruction of the infrastructure resulted from severe corruption that society can no longer bear with the end of the life span of most public service facilities, stressing the need to establish an operations room for reconstruction supported by the highest levels of government with wide powers and tightly monitored to start real reconstruction of the country.


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 October  27th, 2021 total sales amount $184,601,540. 

including   $50,170,000. CASH 

ISX Update:   

www.isx-iq.net/

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

10-27-2021   Newshound/Intel Guru Petra   ...we are right in front watching it occur.  And now, we are at the stage where implementation has begun formally with the ATM’s redistributing the money supply…know that this one small move will ignite the WORLD!!! ...do you realize the HUGE progress that has been accomplished????  Absolutely astounding.  …Yes, one simple move….and the WORLD changes!!!! And I don’t think I even need to say IMO because it’s history we are watching!! ...How long ago have we said...this is not just about Iraq?
10-26-2021   Newshound Guru Militiaman  Article:  "Al-Kazemi's advisor comments on a report on 'digital currencies' and warns against one of them"  Article:  "The 5 and 10 thousand dinars denominations disappeared from the ATMs"  Now Iraq is clearly telling us above they have digital currency and it will be tracked to the penny. I find this article to be very timely and to be expected. They took out the 1,000 - 10,000 notes and in the past we witnessed them destroying 25k notes in a filmed interview on the matter, thus, by them taking out the notes, they'll need to have replacements, hence, the need for an adjustment...In my view they must be in a hurry now...I suspect that with them having experience in digital currency...a flip of the switch may all that be needed .. lol


10-26-2021   Newshound Guru Breitling  Question:  "Doesn't it seem we get so close to a viable window for the change in the dinar then something happens?"  No that isn't true...Don't get emotional like that.  Don't think like that.  It's not a hot or cold situation.  That's why I use the term 'windows'.  There's an opportunity coming up at the end of October/November that hasn't changed. That window is here.  We'll see what they do.  Their decision is going to be based on the markets.  It's not an emotional thing...There is no 'getting close' or 'almost' or 'should have.'  You are thinking incorrectly.  And if you do think like that this is not the investment for you.  It is not the opportunity for you because it will just drive you nuts.

10-26-2021   Newshound/Intel Guru Mnt Goat  ...There is nothing but good news today to share as far as the RV goes...We see in the news today that the Central Bank of Iraq announced, on Wednesday, that Iraqi banks have obtained an international classification from international agencies. Why would they even bother with this if they did intend to trade their currency and use it to pay their bills and pay for imports? So this is all telling of what is about to come. Everyone just needs to hang in and stay with the investment...We are in a very good path to look forward to a possible January 2022 reinstatement. We will need to see the “Project to delete the Zeros” begin sometime in December 2021, if they still plan for the reinstatement in early 2022. This is something we need to watch for.

10-26-2021   Newshound Guru Sandy Ingram  Article: "Iraq oil minister sees oil prices at $100 in early 2022"  That's $100 per barrel...Iraq's minister of oil [had] said $100 a barrel for oil was unsustainable however now he reports that oil prices will be at $100 a barrel by early 2022.  What changed his mind?  Well thanks to the cartel, OPEC global inventories are at their lowest level.  People, this increase in oil prices means prices will be increasing around the world...oil exports to America rise significantly.  This is certainly good news for Iraq.

10-26-2021   Intel Guru MarkZ   [via PDK]   ...the RV front or currency front…or tier 4b…I think we are next to the end…we should be about 10 days in...I hope its sooner…nobody knows the timing. But I hope we are anytime from today to 8 days out…. I think we are in check…I think we are working towards the checkmate right now…playing the final parts of the game. It’s almost over.

10-26-2021   Intel Guru Frank26  Article:  "The 5 and 10 thousand dinars denominations disappeared from the ATMs"   WHY DIDN'T THE CBI ALSO REMOVE THE 1, THE 10, THE 20, AND THE 100, 250 AND 500... BECAUSE THEY WILL COEXIST WITH THE NSCN's (new small currency notes)...
10-26-2021   Newshound Guru Pimpy  I tell you right now there's a royal rumble happening right now and I mean a royal rumble.  The elections happened on the 10th of October and already we're seeing some bad actors step forward that you do not want to be involved with what's going on.  As a matter of fact they're already acting like they're going to form the next government.  These people are supported by Iran.  I'm talking about Maliki trying to move into the territory of Sadr and demand that Maliki become the next prime minister.  No!  This guy is the one who stole a lot of money from Iraq.  He's corrupt as hell and now they're trying to force their way forward claiming that they have the biggest supported block and they are backed by Iran? You don't want them in there...let's hope for the best...

10-26-2021   Newshound/Intel Guru Mnt Goat   Article:  "AL-MALIKI IS TAKING A “SURPRISING” PATH WITH THE AIM OF ACHIEVING A “THIRD TERM"  Quote:  "Many blame al-Maliki for the emergence of ISIS and its occupation of a third of Iraq’s area between 2014 and 2017...which makes his chances of returning to the position slim."  I totally agree...There is not much more to say other than do  not worry. Nori al-Maliki will NOT serve a third term, EVER!


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

The Council of Ministers holds its forty-first regular session headed by Prime Minister Mustafa Al-Kazemi

Today, Tuesday, Prime Minister Mustafa Al-Kazemi chaired the forty-first regular session of the Council of Ministers, during which the latest developments in the general situation of the country in various fields were discussed, and the Council discussed the topics on its agenda, and issued the necessary decisions and recommendations regarding them.

At the beginning of the session, Prime Minister Mustafa Al-Kazemi reviewed the general situation in the country, the latest political and security developments, and the operations of our armed forces in pursuing the remnants of defeated terrorism, and eliminating its hideouts and hideouts.

The session witnessed a review of the epidemiological report, the overall recent measures to confront the Corona pandemic, and the developments of the work of the Committee to Strengthen Government Actions in the areas of prevention and health awareness control; To limit the spread of the virus, and the most important steps taken by the Ministry of Health to confront the pandemic.

After discussing the topics on the agenda, the Council of Ministers issued the following decisions:
First: After discussing paragraph (1) of Cabinet Resolution (187) for the year 2021, regarding the Basra Water Pipeline Project / Al-Bidaa Canal, it was decided to host the governor; For more clarification.

Second: Approval of the recommendation of the Diwaniyah Order Committee (57) for the year 2021, regarding the approval of the agricultural plan for the whole country, including the Kurdistan region.

Third: To authorize the Tourism Authority to send a direct invitation to at least three solid and specialized companies for the purpose of investing in the following real estate:
1- The land of Al-Najaf Hotel / Al-Ghadeer District 2/395.
2- Babylon Tourist Hotel / Hilla, as an exception to Cabinet Resolution (245) for the year 2019, second / third axis.

Fourthly:
1- The Ministry of Finance allocated an amount of (3,000,000) dinars, only three billion dinars, to the Baghdad Water Department, which belongs to the Baghdad Municipality, from the emergency reserve for the fiscal year / 2021, for the necessary maintenance and maintenance work, as required in the Baghdad Municipality letter numbered M/1/ 1279 of June 30, 2021; In order to secure the delivery of pure water to the Karkh side, and part of the Rusafa side in the capital, Baghdad, according to the provisions of Article (5) of the Federal General Budget Law for the year 2021.
2- The Ministry of Planning included the project to rehabilitate the generators of the Karkh water project within the draft budget law for the year 2022.
3- The Baghdad Municipality contracted with the concerned company in a single bid method (single bid).

Fifth: Assigning the legal department in the General Secretariat of the Council of Ministers to prepare a draft law; To amend the law of the Iraqi Media Network in force, including the abolition of the Board of Trustees of the network, and the reorganization of its administrative structure.

Media Office of the Prime Minister
26 - October - 2021 

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ARTICLE 2

Cabinet Spokesperson: There is a strong effort done to rehabilitate the neglected hotels in the provinces of Najaf and Babylon.

Cabinet spokesman: The Cabinet voted to allocate 3 billion dinars to rehabilitate and maintain equipment that ensures water delivery in Al-Karkh and Al-Rusafa.

Cabinet Spokesperson: The Ministry of Culture will hold a ceremony worths the 100th anniversary of founding the Iraqi State
Cabinet spokesman: Work is progress on the Dari residential project, which has reached the final stages

Cabinet Spokesperson, the Minister of Culture @HassanNadhem, holds a press conference in Baghdad
to brief the media on today’s Cabinet meeting and developments in Iraq.
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ARTICLE 3

The Iraqi Electoral Commission decides to reopen more than two thousand polling stations to be sorted and counted manually
26.10.2021 | 18:14 

The Independent High Electoral Commission in Iraq announced today, Tuesday, that it will reopen more than 2,000 polling stations for manual counting and counting, after a wave of protests it faced during the past days.

And she stated in a press statement, that she "has started looking into all the appeals since yesterday, Monday, and all aspects related to studying these appeals and dealing with them in accordance with the legal contexts, and it has also taken the necessary measures regarding them through the statements it issued on a daily basis since it began receiving appeals submitted by candidates, parties and alliances." ".

She added, "The Board of Commissioners took a decision to open a number of stations, according to the appeals that were submitted, amounting to more than 2,000 stations distributed over various governorates, based on legal procedures published through the official website of the Commission."

The commission indicated that "the counting and sorting process will start from Nineveh Governorate tomorrow, Wednesday, from eight in the morning until five in the evening, followed by Babil Governorate on Thursday, while Friday will witness the start of the process of counting and sorting the contested stations on the Rusafa side in Baghdad."

And she continued, "We will send recommendations to the electoral judiciary regarding these appeals in light of the result of the counting and hand sorting, and we invite the agents of the candidates who challenged the results and the monitoring teams to attend to monitor the counting and sorting process in Baghdad in the honor hall in the celebrations square."

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ARTICLE 4

The Presidency of the Republic: Expressing objections to the election results through legal and peaceful means
10/26/2021 20:43

Baghdad / Obelisk: The Presidency of the Republic revealed, on Tuesday, October 26, 2021, the details of a meeting hosted by President Barham Salih for leaders of political forces.

The Presidency of the Republic said in a statement received by Al-Masala that the President of the Republic, Barham Salih, hosted today, at Baghdad Palace, a meeting that included the President of the Supreme Judicial Council, Judge Faiq Zaidan, and a number of leaders and representatives of political forces, where they discussed the general situation in the country and the legislative elections that took place on October 10. current first.

The meeting stressed the need to unite ranks and spread the spirit of national understanding to ensure security and stability in the country, enhance national unity, preserve the democratic path, give priority to the country’s higher interests, adopt democratic frameworks and practices to protect and promote civil and societal peace, and rely on dialogue in solving problems and differences in viewpoints.

The meeting indicated, according to the statement, that objections to the electoral process are acceptable and guaranteed in electoral laws and regulations, and must be followed up, and that their expression and dealing with them is in accordance with legal and peaceful methods, with an emphasis on the role of the Electoral Commission and the competent judicial body to follow up the file and take care and complete seriousness in considering all complaints and appeals The electoral process is presented professionally, impartially and with high transparency, as a necessity in order to enhance confidence in the electoral process.

The meeting stressed the importance of concerted efforts and joint action in order to move towards the national benefits that await the country, and the formation of a parliament that expresses the people’s will and aspirations for reform and development, improving living and service conditions, and forming an effective government that protects the higher interests of the country, responds to challenges and entitlements, and ensures equal opportunities for citizens and advancement. economy, trade, development and infrastructure.

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ARTICLE 5

A government advisor heralds economic stability in the 2022 budget
06:44 - 10/26/2021
Special - Mawazine News

Adviser to the Prime Minister for Financial and Economic Affairs Mazhar Muhammad Salih revealed, on Tuesday, "his expectations of the stability of the Iraqi economy during the 2022 budget, attributing the reason to the high oil revenues.

And Saleh told / Mawazine News / that "if the expenditures are directed correctly towards investment aspects and the creation and development of industry by putting the surplus funds from oil in investment projects to employ manpower and mobilize economic resources.

He added that "increasing domestic investment results will lead to an increase in income, and any surpluses that are transferred to investment funds or accounts will bring benefits."

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