Archive for October, 2020

Iraqi Dinar Guru opinions 10-31-2020

Iraqi Dinar Guru opinions 10-31-2020

10-31-2020 Newshound/Intel Guru Mnt Goat …We still may be on course for an early January 2021 release of the reinstatement. But again, I am telling everyone we still need to see more positive news from the Central Bank on this matter. We have gotten a lot of good news about meetings they have had on what to do to try to resolve the financial crisis. These meetings included much talk on alternatives of what to do with the dinar. Some wanted to put in on a float, devalue it, print more currency, so on and so forth… Read more…

Iraq and Egypt sign 15 memoranda of understanding and cooperation program

Iraq and Egypt sign 15 memoranda of understanding and cooperation program

10/31/2020 17:38

[Baghdad-Where]
The Iraqi government delegation headed by Prime Minister Mustafa Al-Kazemi, and the Egyptian delegation headed by Prime Minister Mustafa Madbouly, signed on Saturday 15 memoranda of understanding and a cooperation program.
The media office of the Prime Minister stated in a statement, that “Iraq signed today, Saturday, fifteen memoranda of understanding and a program of cooperation with Egypt, in various fields, in an official ceremony Read more…

Iraq’s oil exports to America exceed 3 million barrels within a month

Iraq’s oil exports to America exceed 3 million barrels within a month

2020-10-31 00:10

Shafaq News / The US Energy Information Administration announced, on Saturday, that Iraq’s exports of crude oil to America amounted to 3 million 618 thousand barrels during the month of October .

According to a management schedule reviewed by Shafaq News Agency, “Iraq exported crude oil to America during the first week of October, 343 thousand Read more…

Egypt announces its final position on the Iraqi talks

Egypt announces its final position on the Iraqi talks

10/31/2020 16:48:44

{Baghdad: Al Furat News} The Egyptian Prime Minister, Mostafa Madbouly, announced that Egyptian construction companies are ready to enter the Iraqi market. To contribute to the development of infrastructure and reconstruction efforts, and the development and development of the construction and housing sector.
Madbouly also welcomed, according to the Egyptian news sites, the transfer of the expertise available to the Egyptian government in the fields of electricity Read more…

The reasons for the high exchange rates of the US dollar in Baghdad and Kurdistan

The reasons for the high exchange rates of the US dollar in Baghdad and Kurdistan

10-31-2020

Researcher Shatha Khalil *

The Iraqi economy is exposed to a crisis in financial and monetary policy, which in turn affects all areas of the country’s economic and social life, and since Iraq operates within a fixed exchange rate system, which is very exaggerated, and it is supportive of Read more…

A slight decrease in the exchange rates of the dollar in Baghdad

A slight decrease in the exchange rates of the dollar in Baghdad

10/31/2020 12:17

[Baghdad-Where]

The exchange rates of the dollar in the Baghdad market decreased slightly, today, Saturday, October 31, 2020.
A reporter said. Today, Al-Kifah Central Stock Exchange in Baghdad Read more…

Shiite forces give the green light to the Nujaifi front to remove al-Halbousi

Shiite forces give the green light to the Nujaifi front to remove al-Halbousi

10/31/2020 12:08

[Baghdad_Where]
Riyadh Al-Masoudi, deputy of the “Sairoun” coalition bloc, supported by the leader of the Sadrist movement, Muqtada al-Sadr, revealed on Saturday that some Shiite political forces (he did not name them) had supported the front headed by Usma al-Nujaifi to dismiss Parliament Speaker Muhammad al-Halbousi.
Al-Masoudi said, “The Sunni blocs set out to form a political front Read more…

The start of the talks of the delegations of the Iraqi and Egyptian governments

The start of the talks of the delegations of the Iraqi and Egyptian governments

10/31/2020 14:37

[Baghdad-Where]
Prime Minister Mustafa Al-Kazemi’s office announced, on Saturday, the start of discussions of the delegations of the Iraqi and Egyptian governments.
The office said in a statement, “The discussions of the delegations of the Iraqi and Egyptian governments began with the Prime Minister, Mr. Mustafa Al-Kazemi Read more…

Iraqi Dinar Guru opinions 10-30-2020

Iraqi Dinar Guru opinions 10-30-2020

10-30-2020 Newshound/Intel Guru Mnt Goat …I have talked to by CBI contact in Iraq. I am told the reinstatement is coming and that it is part of the currency reforms they want to put forward. It is taking so long to do it because they need the permission of the US to do it properly. The CBI is ready! They will not go ahead with the project to delete the zeros until the IMF & the US gives them the “green light”. Then this will start the process. It is going on November already and so if they still plan to reinstate in January 2021 they better get going very soon on the PROJECT TO DELETE THE ZEROS or this is going to be delayed once again… Read more…

The Ministry of Finance issues a detailed statement on the economic situation … to choose only short term loans

The Ministry of Finance issues a detailed statement on the economic situation … to choose only short term loans

10/30/2020 16:50:52

{Baghdad: Al Furat News} On Friday, the Ministry of Finance issued a detailed statement on the country’s economic situation.

In a statement, the Euphrates News Agency received a copy of it today, “Last week, a number of public statements and inquiries were made regarding the delay in paying the salaries of the month of October. This comes in the wake of the delay in paying the salaries of the month of September.”
According to the statement, the financial statement repeatedly emphasized that the current government Read more…

Hyundai signs a deal of about two billion dollars with Iraq

Hyundai signs a deal of about two billion dollars with Iraq

10/30/2020 12:05:46

{International: Al Furat News} Hyundai Engineering and Construction Company, the main construction company in South Korea, announced today, Friday, that it concluded a deal worth $ 1.99 billion to build a waste recycling facility in Basra Governorate.
The South Korean construction company said it had signed the contract Read more…

A parliamentarian reveals a group linked to one of Al-Kazemi’s advisors that controls the decisions of the governors

A parliamentarian reveals a group linked to one of Al-Kazemi’s advisors that controls the decisions of the governors

10/30/2020 14:34

[Baghdad-Where]
MP for the Al-Fateh Alliance, Abdul Amir Al-Taiban, revealed, on Friday, a group linked to the advisors of Prime Minister Mustafa Al-Kazemi that controls the decisions of the governors.
Al-Taibyan said, via Twitter: “To the honorable Kazemi state, if you are serious about fighting corruption, know that Read more…

Clarification from the Ministry of Finance regarding the delay in salaries for the current month

Clarification from the Ministry of Finance regarding the delay in salaries for the current month

10/30/2020 17:13

[Baghdad-Where]
On Friday, the Ministry of Finance issued a clarification regarding the delay in paying salaries for the month of October, pointing out that the government has one option to pay salaries, which is to borrow.
The Ministry of Finance stated, in a statement, that “last week Read more…

Iraqi Dinar Guru opinions 10-29-2020

Iraqi Dinar Guru opinions 10-29-2020

10-29-2020 Newshound/Intel Guru Frank26 Article “A ‘knockout’ blow to the Iraqi dinar: currency printing in exchange for the end of the financial crisis … What will Iraq do about ‘international conditions’?” …Oh my goodness the Iraqi dinar got punched in the stomach. No…the translation is incorrect. The Iraqi dinar isn’t being knocked out. The Iraqi dinar is being knocked out of Iraq into the international community…the Fab 4 are the ones that call the shots. They are the ones that tell the Central Bank of Iraq what to do with their currency in a sense of a monetary reform. The monetary reform…has told you that the new small category notes have already been printed. For what reason? Quote “For the end of our financial crisis.” …In other words the monetary reform of the Iraqi dinar to add value to it under the supervision of the Fab 4… Read more…

Minister of Finance before Parliament to discuss the “white paper” and the “fiscal deficit”

Minister of Finance before Parliament to discuss the “white paper” and the “fiscal deficit”

2020-10-29 08:54

Shafaq News / The Iraqi Parliament intends to host Finance Minister Ali Allawi and other directors, to discuss the fiscal deficit and the government reform paper.

A statement by the Media Department of the Iraqi Parliament said in a statement received by Shafaq News, that Hassan Al-Kaabi, First Deputy Speaker of Parliament, “directed to host the Minister of Finance, Director General of the Customs Authority, Director General of the Tax Authority and Read more…

Trump adopts a proposal to send Pelosi to Mars!

Trump adopts a proposal to send Pelosi to Mars!

10/29/2020 11:17:46

{Euphrates News: International} US President Donald Trump pledged that his country would be the first to send an astronaut to Mars, and in a meaningful gesture, he nominated Speaker of the House of Representatives, Democrat, Nancy Pelosi, for this mission.
While delivering a speech to his supporters, Trump picked up a phrase from one Read more…

Parliament votes on health insurance laws and certification equivalency and ends reading eight more {extended}

Parliament votes on health insurance laws and certification equivalency and ends reading eight more {extended}

10/29/2020 00:25:52

(Baghdad: Al Furat News) The House of Representatives voted in its 17th session, which was held under the chairmanship of the First Deputy Speaker of Parliament, Hassan Karim Al Kaabi, on Wednesday, with the presence of 180 deputies on two laws, and ended the reading and discussion of eight draft laws and proposals.
At the beginning of the session, MP Burhan Al-Mamouri read a statement Read more…

Foreign Ministry discusses with Australia the entry of Australian investors and businessmen into Iraq

Foreign Ministry discusses with Australia the entry of Australian investors and businessmen into Iraq

10/29/2020 13:10:13

{Baghdad: Al Furat News} The Senior Undersecretary of the Foreign Ministry, Abdul Karim Hashem Mustafa, discussed, on Thursday, with the Australian ambassador in Baghdad, the entry of Australian investors and businessmen to Iraq.
A statement by the ministry stated, “The Senior Undersecretary of the Ministry of Foreign Affairs, Ambassador Abdul-Karim Hashem Mustafa, met with Australian Ambassador to Baghdad, Joan Elizabeth Lundis, on the occasion of the end of her duties in Iraq.”
“The two sides discussed the bilateral relations that bind the two countries, and the importance of developing Read more…

A decrease in the exchange rates of the dollar in the local market

A decrease in the exchange rates of the dollar in the local market

THURSDAY, 10-29-2020, AM 11:54

Today, Thursday, the exchange rates of the dollar recorded a slight decrease in the main stock markets, while they stabilized in the local markets.

Al-Kifah Stock Exchange recorded Read more…

An informed source …. The termination of Khaled al-Ubaidi’s mandate came to dismiss Al-Halbousi and assign him to head the parliament

An informed source …. The termination of Khaled al-Ubaidi’s mandate came to dismiss Al-Halbousi and assign him to head the parliament

2020-10-29

An informed source said that the reason for ending Khaled al-Obeidi’s assignment from the Intelligence Agency and returning him to Parliament came as a prelude to taking over the presidency of Parliament and dismissing Muhammad al-Halbousi after the successive scandals of the latter Read more…