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Showing content with the highest reputation on 03/11/2020 in all areas

  1. 3-10-2020 Intel Guru Frank26 ...we believe the coronavirus has put the CBI in a very comfortable wonderful situation where they were lacking the mechanism to bring in the 3 zeros in order to complete the reinstatement of the Iraqi dinar...they're telling them they'll give you new currency when you bring in your three zeros...they say the reason why is they're saying they want you to bring in the currency that has the virus on it. But that's silly. That's ridiculous because the teller is not wearing a med-hat suit. He's not wearing gloves. He's not in a bubble...he's giving them the new small category notes...the logic is a bunch of baloney. It's not true at all. The CBI is using it to their advantage... the CBI has begun a very strategic usage of this... 3-10-2020 Intel Guru Footforward ...as of right now my feeling is this could be done by the end of march. 3-10-2020 Newshound Guru Jeff ...There's one main thing we're both [Guru Pimpy] looking for. When we see it we're gonna bring it forth and show it to you. It's almost here. It's gonna confirm everything that we've shared with you to let you know you're right there and right on the cusp and edge of this thing. When we see it we will share that with you...we are looking amazing. We're still right on track with everything... 3-10-2020 Intel/Newshound Guru Frank26 ...the next thing IMO that we should be seeing is the CBI governor Allaq and representations, the Prime Minister Mahadi right now under the caretaker government as a whole and the minister of Finance...those three entities to do a Q & A broadcast presentation speech to the country of Iraq in strong support of the redenomination process of the Iraqi dinar. IMO we're at a good stage for lift off... 3-10-2010 Newshound Guru Angel1 ...There was breaking news all across the [Iraqi] news networks and what they were talking about there was going to be a Q & A interview with the PM Mahadi and the Minister of Finance. I am desperately trying to get my hands on the translation...I believe it was a good piece of what we are looking for. [Reference Frank26 3-10-2020 ABOVE] We are in an incredible position...what we were waiting for was happening on the other side of the world. I cannot stress enough - things are on red alert...what we have been seeing behind the scenes has been happening...we are starting to see the public results of private meetings and that is why we're excited... SOUNDS LIKE POSITIVE NEWS TO ME - WE SHALL SEE..!
    17 points
  2. 3-11-2020 Intel Guru Frank26 ...IMO the exchange rate is already in place. They are having meetings and talking about this. They have deep discussions about the current situation of the monetary reform of exactly where it's at right now. It's important for them. They're talking IMO about the exchange rate not the calculations of it but its implementation. The CBI is retouching bases with their banks again and is completed. And they're all on the same page. They're all on the same date. There are ongoing meetings. They're doing it right now...they're talking about the rate...they're speaking of a specific time-line and date of the redenomination...will this take a long time to accomplish? IMO no...(Reference Angel1 Post 3-10-2020).. 3-11-2020 Intel Guru Footforward [Q? : So much stalling and kicking the can makes you wonder.] There is no stalling or kicking the can. For the first time in 15 years the can isn't getting kicked. Things are actually getting done. 3-11-2020 Newshound Guru Kaperoni ...The auctions absolutely will go away once the CBI accepts IMF Article VIII. There will be little need once the dinar is traded globally. In fact, it is preferred. And once the dinar floats, the global financial system will trade the dinar and its value will be determined by market forces. 3-11-2020 Newshound Guru Pimpy ...they're threatening $20 a barrel for oil...this is a war between Saudi Arabia and Russia as far as energy is concerned. Putin sparked the oil war...let's see how long it lasts but instantaneously the price of oil dropped 21%. What does this do for the Iraqi people? This just kills them...Iraq is so dependent on their oil...the United Nations needs to let Iraq lift off the sanctions. They need to let them deal internationally. They have to let those sanctions go. Move from chapter 7 into chapter 8...that allows them then to change the rate. I still think it's gonna come out at around $1.34. This allows Iraq's economy to go ahead and start being competitive. To start bringing in outside investors...this might be the thing that triggers the rate change so keep your fingers crossed...
    11 points
  3. Iran thinks the Coronavirus is a problem, they are about to get hammered. The US is about to use it's Trump Card.
    10 points
  4. Looks like its time for the USA to unleash the Drone Swarms I've been reading about for quite some time. Target rich environment & Great Training.
    10 points
  5. 92% of their economy depends on oil.... I see a financial tsunami coming if the CBI don’t intervene to prevent it. Go open market economy Go international Go RV
    10 points
  6. It’s in response to the US installing Rocket Defense Systems to defend its Bases. I guess they are trying to get some off before the Systems are fully deployed. The militias are getting beat up and it’s going to get a lot worse for them. Think ISIS. They are going to be gone from Iraq and that will go a LONG way to getting a stable sovereign country. Next will be to run the Iran stooges Iraqi Politicians out of country after they recoup the Billions stolen from the people of Iraq.
    9 points
  7. Here is a link https://thedefensepost.com/2020/03/11/iraq-taji-air-base-katyusha-rockets/
    9 points
  8. National Interest: Three serious crises threaten the Iraqi economy 17:33 - 10/03/2020 Information / translation ... A report of the National Interest newspaper confirmed that the drop in world oil prices in 2020 has put Iraq in the eye of the perfect storm, as this year is expected to be the most difficult for the country since 2003. The report, which was translated by the information agency, stated that “ Iraq suffers from three major suffocating crises: the constitutional crisis represented in the failure so far to find consensus on forming the government and choosing the prime minister, and the second crisis is the Corona virus attack and its economic consequences on the country. The third crisis is the decline in global oil prices and its devastating impact on the country's economy. He added that "with regard to the constitutional crisis, the widespread popular protests came in response to the growing public concern about corruption and inefficiency in the Iraqi government, and that parliament is sufficient to bring about change because of the disruption of the Iraqi electoral system." He continued that "the second crisis related to the Corona virus, the state of corruption and incompetence of the government is likely to always hinder Iraq's response to the Corona virus. The " Iraq Oil" website has addressed the problems of the Corona virus in important oil industry in Iraq , such as the rotation of staff in the main oil fields, the impact of logistics and the distribution of basic commodities. But the potential economic problems of Iraq are getting deeper, as Iraqis also face a choice between preventing the Corona virus and lowering the revenue from visits at sacred thresholds that can affect everyone from large investors in luxury hotels to restaurant owners, souvenir parks, taxi and bus drivers, and even Beggars. ” He continued that “the current crisis of the collapse of oil prices can have a direct impact on the Baghdad budget is enormous. More than 40 percent of Iraqis were born after the 2003 war, and about a third of them were born after Operation Desert Storm and while the population of Iraq was about 24 million when the president announced George W. Bush that the American mission has been accomplished, but by 2030 the population of the country will exceed 50 million, and given the massive political, economic and social transformation in Iraq , it is time to re-engage economically and diplomatically to help Iraq reform its political and economic system to achieve stability. The boom and prosperity that the new generation of Iraqis deserves. ” Ended / 25 z LINK
    9 points
  9. ... by the letter “tomorrow” I picked up some kind of bug over the last couple days. Or maybe I’m finding the cure to CV. Either way I’ll see you tomorrow
    8 points
  10. Iraq's army said a Kia vehicle with three Katyusha rockets was found south of Taji air base after 10 rockets were fired at the base on March 11, 2020. Image: Iraq Security Media Cell Home/Middle East/Iraq army says 10 Katyusha rockets hit Taji air base near Baghdad MIDDLE EASTWAR Iraq army says 10 Katyusha rockets hit Taji air base near Baghdad US and UK troops were reported killed and at least 10 people injured in the attack JOANNE STOCKER MARCH 11, 2020 1 MINUTE READ FacebookTwitterGoogle+RedditShare via EmailPrint Ten Katyusha rockets hit the Taji air base north of Baghdad on Wednesday, March 11, Iraq’s army said, with U.S. and British soldiers reported killed in the attack. The rockets hit the Iraqi base located 27 km (17 miles) north of the capital Baghdad, which also houses U.S. troops, the Iraqi Security Media Cell said. 40 people are talking about this A Kia Bongo flatbed truck with a missile platform was found in the nearby Al-Rashidiyya area with three rockets on board, the army said. It was unclear if there were any injuries and the extent of the damage to the airfield, but the Associated Press and Fox News reported that three people were killed, including two U.S. troops. Fox News reporter Jennifer Griffin said a British troop was also killed. Colonel Myles Caggins III, spokesperson for the U.S.-led Coalition against ISIS, tweeted: “The Coalition … confirms more than 15 small rockets impacted Iraq’s Camp Taji base hosting Coalition troops, March 11 at 7:35 p.m. (Iraq Time). Assessment and investigation ongoing.” On Tuesday, General Kenneth McKenzie, commander of U.S. Central Command, said that the U.S. was moving air defense systems into Iraq after discussions with the caretaker government. The U.S. has blamed Katib Hezbollah, a Hashd al-Shaabi (Popular Mobilization Units) militia, for repeated attacks targeting its bases in Iraq and the American embassy in Baghdad. Iraqi bases housing Coalition forces came under rocket fire late on January 4, the 13th such attack in two months, prompting the U.S. military to halt training of the Iraqi Security Forces and joint operations against ISIS. The Iraqi army did not say who fired the rockets on Wednesday. U.S. strikes on Kataib Hezbollah positions in Iraq and Syria and the killing of the de facto PMU leader Abul Mahdi al-Muhandis, had prompted the Iraqi government to close its airspace to American military flights and call for foreign forces to leave the country, but the U.S.-led Coalition against ISIS resumed operations with the Iraqi Security Forces in late January. https://thedefensepost.com/2020/03/11/iraq-taji-air-base-katyusha-rockets/ Buh Bye Insanians To INCLUDE the Insanian IRGC!!! Pretty sure the Whoop Can Dispensers ARE ON THEIR WAY!!! Go Moola Nova!
    8 points
  11. Iraq is able to cope with the financial crisis Wednesday, March 11, 2020 Baghdad / Mustafa al-Hashemi / Shukran al-Fatlawi Specialists in the economic affairs confirmed that the central bank is able to support the Iraqi economy in the face of the financial crisis, especially after the central bank announced the growth of foreign reserves for the year 2019 by 5.52 percent from what it was in 2018. "The performance of the central bank in terms of reserves and foreign exchange is positive and will be reflected positively on the economic situation in the country," said the economist, Manaf Al-Sayegh. Face the conditions In his speech to Al-Sabah, Al-Sayegh said that "the conditions that Iraq is going through must be faced with a drop in oil prices and the global crisis due to the spread of Corona virus," adding that "the link between the central bank and state institutions appears when the country is going through a financial crisis as happened in the events of the year 2014, as he financed the government with cash as an internal debt. He explained, "It is possible to benefit from the current performance of the central bank in this direction, especially since the country is currently at the heart of the financial crisis in light of these conditions," stressing "the independence of the central bank, which is not far from the financial and economic performance of the state in terms of the bank's performance in managing cash ». He focused on "the existence of cooperation between the bank and the government on the basis of supporting the latter in the direction that serves the country's development, sustaining institutional work and developing an alternative plan in light of the current circumstances." Economic support In turn, the economic academic, Dr. Essam Al-Mahawili, indicated that the more reserves the central bank has, the more support there will be for the economy. Al-Mahawili told Al-Sabah that “it is possible to use part of the reserve to support the operational budget, as well as for lagging projects, as the central bank is the main nerve of the Ministry of Finance, just as any central bank in the world is the pillar of its financial state that it depends on in the face of Crises ». According to a statement by the Central, The data of the annual report of foreign reserves showed a positive performance in 2019 compared to 2018, as a result of the increase witnessed by the central bank purchases from the US dollar from the Ministry of Finance compared to its sales through the currency sale window, as well as the profits accrued from the returns of the investment portfolio in its various segments. Investment portfolios At the level of investment portfolios, its value achieved a net growth in the year 2019 of 18.4 percent compared to the year 2018, accompanied by a growth of returns on these portfolios in 2019 by 59 percent compared to 2018, and the ratio of these returns to investment portfolios in 2018 Almost 1.7 percent, while the proportion of returns to investment portfolios in 2019 increased to approximately 2.3 percent. Gold reserves He continued «As for the gold segment, it grew in the year 2019 by 18.8 percent compared to 2018, despite the fact that the central’s investment in this asset has not increased during this year, but the increase in the value of these holdings came as a result of the significant increase witnessed in the global gold price . » Iraq is ranked 38th in the world with its gold holdings, and 5th in the Arab world, with a total of 96.3 tons. International relations As part of this bank’s plan to enhance returns on reserves and build capacity in the field of self-reserve reserves, this bank established numerous international banking relations during 2019 and entered into agreements and memoranda of understanding with a number of international banks and major financial institutions, such as the International Bank for Reconstruction and Development and the Arab Monetary Fund, As well as international institutions concerned with investment management.
    7 points
  12. Trump has a currency law taking into effect in early April where all countries needs to be in a level playing field with their currencies. Iraq was on this list and if they dont comply they will suffer stiff taxation.
    7 points
  13. One swarm drone communicates to another Which one is Ali Shamkhani, aww screw it take them all out.
    7 points
  14. I love a good Swarm. We should be taking this time to leverage our position.
    7 points
  15. A "comprehensive economic plan" to increase revenues and pressure expenditures Tuesday 10 March 2020 Baghdad / Tariq Al-Araji Omar Abdul Latif The Finance Committee in the House of Representatives, in coordination with the government, intends to launch a "comprehensive economic plan" to ward off the risks of low oil prices on the country, while stressing that the plan includes reconsidering the items of the 2020 budget by pressing on spending and deleting unnecessary paragraphs while increasing and tracking non-oil revenues precisely. Member of the Parliamentary Finance Committee Ahmad Al-Saffar told {morning}: “The immediate, immediate plan is to reconsider the items of the state’s general budget and public expenditures, by deleting what is not necessary, such as delegations and conducting a careful follow-up process for non-oil revenues from border ports and taxes to pressure the tunnels and increase Revenues". He added that we "need to reduce dependence on oil and move the actual economic sectors in order not to repeat such a crisis in the future", indicating that "Iraq is a rich country and has full sources of material, human, agricultural, industrial, commercial, tourism, labor and strategic location." On the other hand, Undersecretary of the Ministry of Oil, Hamid Al-Zobaie, revealed to Al-Sabah that continuous contacts are being made with OPEC member countries and outside them in order to develop appropriate solutions to prevent the deterioration of the oil markets currently. Al-Zobaie stressed that "Deputy Prime Minister and Minister of Oil, Thamer Al-Ghadban, is currently in intensive contact with OPEC ministers and outside to bring views closer and find appropriate solutions to stop the decline in global oil prices." The Undersecretary of the Ministry of Oil expressed his hope that "the extensive Iraqi contacts will contribute to bringing the views closer to serve the interests of the people of OPEC countries and outside it and achieve a balance in the global oil markets." In turn, Director General of the Oil Marketing Company "SOMO" Alaa Al-Yasiri said in a statement that "Al-Sabah" received a copy of it that "the company follows the most accurate standards that are commensurate with the quality and density of Iraqi oils." LINK
    7 points
  16. Fox is reporting 15 rockets have hit a base, I guess it’s the housing US Troops at the big air base near Baghdad! This is a breaking story!
    6 points
  17. Iran sent Ali Shamkhani, the Secretary of the Supreme National Security Council of Iran, to Iraq in order to try to control Iraq’s political future, according to reports and insider accounts. Shamkhani is a key figure in Iran. Even as Iran struggles to contain the coronavirus pandemic which has led to more than 7,000 infections and deaths among Iran’s ruling elite, Tehran is plotting to control Iraq’s chaotic politics.Iraq has been rocked by months of protests since October and its Prime Minister Adel Abdel Mahdi resigned in November due to the killing of protesters. Some 600 protesters have been killed, many of them by Iranian-backed militias, and some 20,000 wounded. In late December Iran engineered growing rocket attacks in Iraq against US forces that resulted in the death of a US contractor. The US retaliated, pro-Iranian groups stormed the US embassy compound and the US killed Iranian IRGC Quds Force head Qasem Soleimani and pro-Iranian militia commander Abu Mahdi al-Muhandis. https://www.cufi.org/after-soleimani-iran-sends-shamkhani-to-iraq-to-take-control/?fbclid=IwAR3XarPQdS4aXMa120eEujCZ2AYC9Y7QRK1jl0eYwDxyRH17WuzTxqS6uD0
    6 points
  18. Good one CF!!!
    6 points
  19. Posted July 17, 2019 Wait - Isn’t 4,000 Dinars Per Dollar Going In The Opposite Direction Of The Dinar Being Worth 380 Pennies ? And I’m Pretty Sure That A ‘No Corruption’ Disclaimer Is Null And Void When Discussing The Middle East... Wuzzup Bro !
    6 points
  20. Economist: 3 trillion dinars, Iraqi losses due to corona and the drop in oil prices 19:22 - 10/03/2020 Information / private .. Economic expert, Saleh Al-Hammash, confirmed, on Tuesday, Iraq’s losses due to low oil prices, estimated at two trillion dinars, while internal losses due to the lack of movement of funds due to the Corona crisis are estimated at one trillion dinars. Al-Hamash said to / the information / that "if Iraq continues its oil exports in the same quantities amid low prices, the total losses in oil revenues during the current March will reach about two trillion dinars." He added that "the lack of revenue will be reflected directly on the citizen due to the lack of secondary revenues for Iraq and its total dependence on oil," noting that "the Corona crisis has reduced the circulation of funds internally and paralyzed the internal economic movement." He explained that "the lack of circulation of funds incurred the internal market of Iraq , losses estimated at one trillion dinars so far, and can be increased in the event of a continuing crisis." The Parliamentary Economy and Investment Committee estimated, yesterday, Monday, the deficit in the 2020 budget, about 70 trillion dinars due to the drop in oil prices. Ended 25 and LINK
    6 points
  21. Electronic payment tools Tuesday 10 March 2020 Suha Alkafaie It is known that the Prime Minister decided on 29/5/2018 to launch the project of localization of salaries and electronic taxation, with several goals, the most important of which is the advancement of the Iraqi economy and the achievement of additional revenues for oil revenues, but how is this achieved? And activating the work of various economic sectors such as industry and agriculture, which are two rivers They are not depleted, in addition to other sectors and their big role, such as the transportation and tourism sectors, etc. What is the relationship of salary settlement with this goal, and what are the mechanisms to achieve these goals, which the government, the private sector and the international community and every Iraqi are seeking and aspiring for ? , and this is a distant strategic goal that should be under the eyes of the Ministry of Planning in measuring the extent of success achieved and adjusting its paths, if it deviates from His goals. It also extends to reducing endemic corruption, as a result of relying on automated devices to pay money from any citizen such as the POS (electronic payment points), as it eliminates intermediaries, users, and bribes. Another very important organizational goal is to preserve government, private sector, and citizen funds. How (in practice) is this achieved? These major goals I will try to explain in a series of articles by examining the mechanisms and practical examples with a simple explanation for each case, but it is accurate and coherent. Providing an international electronic (salary card) for the employee is the first spark for all of these goals, as the salary has another added value when he entered the electronic card. Debit card only, as it will provide a bank account that will organize and significantly change the life of the employee from many sides and will work to: First: Regulating the citizen’s disbursements. Let's name it: 1- First Organization: (Citizen's repayments) So organizing the individual's daily financial life with his various payments, the card or bank account will contribute to reducing the time, effort and money spent to sustain his daily life, as he can agree with the bank to pay fees, taxes and fines through an agreement with the bank, and deduct and pay at the end of each month To the concerned authorities from his bank account or through the use of payment tools by phone, and no need to go to any party asking him to pay, and exposure to the loss of time in the transfer and spending on the transfer and the effort exerted, and in this case The bank will contribute to organizing the funds of government ministries on the one hand, as it will also collect in the bank for the benefit of government ministries. 2- The purchase or purchase associated with the transportation of large commodities. He can buy a refrigerator, for example, through the website of any Iraqi company that offers its services and delivers the refrigerator to the house. As a result, he will keep his salary from deficiencies that drain his salary and be forced to pay it. 3 - Buying from stores, restaurants, markets, pharmacies, laboratories wages ... and others, through the POS payment point device will not pay higher than the price set for it, and this device does not deduct a commission from the buyer, as he will buy at the specified prices, so the Iraqi citizen will pay money without users and intermediaries Bribes and without delay and queuing through the POS payment devices, which will be installed for the private sector and government ministries later when launching the electronic tax project, also will get rid of the deficiency, the forger, the ripper, theft, loss, and many other life examples, on the other hand, its various payments will lead to positive results for healthier Business and private sector companies, on the other hand. 4- The citizen will be able to apply for financing for the purchase of a residence or a car, and pay his dues upon deduction monthly. 5 - Banks will provide various services to meet the employee's necessary needs, which contribute to the development of his life, such as installing solar energy systems in his home in installments, which will provide him with money and reduce his payments to the owners of generators and give him a working system for free energy sources. - He will be provided with various privileges and discounts in order to benefit from his bank account, such as discounted travel packages, travel and insurance card group points, and other services. 8 - It will provide him with the possibility to enter a new income for him through (a partnership contract) in Islamic banks with any of his relatives, by entering into a project that provides his salary card as a guarantee to provide financing for a small project, and he can benefit from the owner of the project, who has to manage and succeed the project. link
    6 points
  22. Iran Deliberately Suppresses Iraq’s Economic Growth One of the more insidious methods Iran has used to repress the Iraqi people has been the systematic choking of their economy. by Jess Young March 11, 2020 in Business Iran’s long-time strategy of wresting control of the Iraqi state has made tremendous gains in recent years. What started off as the financing and training of Shiite militias in the country following the US invasion in 2003, quickly morphed into a concerted effort to permeate every facet of Iraqi society. Tehran’s success in Iraq has culminated in the promotion of pro-Iranian policymakers that have held political power in Iraqi institutions for years. This plan has been a page straight out of the Ayatollah’s old playbook, and essentially a repeat of how the Iranian Revolution infiltrated the Lebanese government with their loyal proxy Hezbollah. Today, Iranian officials have largely free reign across all key institutions in Iraq. All of this is part of Tehran’s grand strategy for the region to achieve strategic depth in the region in the form of the so-called “Shia Crescent” through Mesopotamia. This vision (which Iran has made tremendous headway in making a reality) is that of a large swath of area under Iranian control encompassing much of Iraq, Syria, and Lebanon. As recognized by regional leaders, Iran has been actively pursuing this goal and making steady progress for at least the past fifteen years. One of the more insidious methods Iran has used to repress the Iraqi people has been the systematic choking of their economy. Iraq’s economy has for decades struggled to get on its feet despite massive efforts from the international community to stimulate industry and provide aid where appropriate. Considering Iraq is an incredibly resource-rich country, with export potential from crude oil to agriculture, one has to wonder what are the forces keeping the economy in stagnated state? Iran intentionally prevents Iraq from diversifying and shifting away from a reliance on oil. Iraq once had a relatively successful agricultural sector, for instance, that made up a substantial part of the country’s GDP. Iraq’s fertile lowlands in the Mesopotamian plains, irrigated by the Tigris and the Euphrates, make it perfectly suited for the growth of cereals such as wheat, barley, and rice, as well as fruit trees like date palms. But for the past several years, Iraq’s crop exports have been essentially subverted by an expansionist Iranian agenda. As American intelligence agencies trying to determine the reasons for the Iraqi economy’s stunted growth have pointed out, Iranian influence has “prevented the current government from adopting—much less implementing–effective and coordinated agricultural policies.” Iran, on its part, is happy to quash it’s neighbor’s cash crop sector. By doing so it kills two birds with one stone: ridding itself of a regional agricultural competitor, and creating a country on its border that is entirely dependant on Iranian supply for survival. Indeed the World Bank has highlighted the ever-growing “rise in import bills” (for products Iraq is fully capable of producing itself), as one of the primary reasons for the country’s unrealized growth potential. Iran has accomplished this by forcing its own imports into Iraq and flooding the Iraqi agriculture market. Iraqi farmers and agribusiness owners are constantly complaining to authorities of Iranian crops swamping local markets, undercutting locals’ prices in the process. This situation persists despite the banning of Iranian imports by the Iraqi Ministry of Agriculture. “We are facing a conspiracy as there are influential parties [with ties to Iran] that do not want the agricultural sector in Iraq to flourish and instead want to disadvantage Iraqi farmers in general,” said one Baghdad-based farmer to local media. “We are putting in a lot of money and effort in planting our crops, and in the end, Iranian crops flood in and deprive us of our livelihoods and leave us with nothing but despair,” he said. Beyond the economic starvation, some have accused Iran of even more sinister tactics after fires consumed large swaths of farmland across Iraqi provinces – many blame Iranian backed militias operating in the affected areas. Even Iraq’s most obvious moneymaker, its crude oil reserves, are being taken advantage of. Following massive hits to the Iranian economy from U.S. sanctions, Iran has attempted to circumvent the embargoes that have been so strictly enforced. Now with Iraqi crude in uniquely high demand (especially by refineries in Asia), Iran has syphoned off Iraqi oil profits, and mixed its own oil in Iraq’s exports, as a way of circumventing the sanctions on its own crude industry. Iraq’s economy doesn’t have to be in such a state. Plans to harness the country’s market potential have been in the works for years, with concrete strategies to diversify the economy, boost public services, infrastructure, education, transport, communications, and even hi-tech, all on the economic roadmap. But these future plans have all fallen flat as Iran latches on. The Iraqi people do have a way out, however. As farmers, protesters and sovereignty movements in the country demand, Iraq must reject Tehran’s expansionist goals and secure its own borders. The ruling government in Baghdad must place the interests of Iraqis first and not be swayed by foreign powers. Practically speaking, this means supporting a broadly aligned group of pro-sovereignty movements, governed by the Sovereignty Alliance for Iraq. These organizations like Ammar Al-Hakim’s National Wisdom Movement, or the National Independent Iraqi Front operate on a non-sectarian and unifying platform that also opposes Iranian interference. By shifting control back into the hands of the Iraqi people, a future independent and sovereign Iraq can guarantee employment, eradicate corruption and ease ethnic tensions. Foreign intervention has never worked in Iraq. The only solution to Iraq’s economic predicament is for Iraq to become a sovereign nation that controls its own border and industries. Once a devoted political leadership is established in Baghdad, Iraq’s economy can attract foreign investment, grow regional partnerships and become a modern and prosperous nation. https://www.thelondoneconomic.com/lifestyle/my-business/iran-deliberately-suppresses-iraqs-economic-growth/11/03/
    5 points
  23. LINK Former minister: Iraqi dinar on the way to "float" 11th March, 2020 The former minister, Amer Abdul-Jabbar, confirmed today, Wednesday, that the Iraqi dinar is on the way to floating, in light of the sharp decline in oil prices, while noting that employees should expect that during the coming days their salaries will be deducted. "The continuation of monetary policies and the current government in the same contexts with the sharp decline in oil prices will be catastrophic, and the employee should expect to deduct his salary, perhaps for half, or exchange part of his salary every two months," noting that "the next stage may witness reduced employee salaries, deductions and taxes to reduce the budget deficit." He added that "the Iraqi dinar is on its way to float (i.e. reduce its value), and the Iraqi government may have to increase the exchange rate of the dollar to 1250 dinars against the dollar to obtain additional funds estimated at 4 trillion dinars in the budget and this matter has advantages because it will allow encouraging the national industry because it will raise the value Imported goods and makes domestic competitive." He added, "We are afraid of a government decision to reduce the price of the dinar against the dollar to 1300 or 1350 in the event that the drop in oil prices is catastrophic. This float will cause the price of commodities to rise and burden the citizens. The state may use it to reduce the budget deficit." Abdul-Jabbar continued, "The government's decision to place customs and other exemptions to remove visa amounts with some neighboring countries has harmed Iraq and contributed to preventing the entry of important revenues to the state," noting that "since 2018, he warned of low oil prices in 2020". He pointed out that "the advisory base available to the Prime Minister is not qualified to deal with major crises, especially those related to low oil prices." He added that "the current advisers are friends of the Prime Minister, one of them told me: whoever understands his work with specialists will not enable him to reach the Prime Minister." Because it will take the place of others." And Abdul-Jabbar said, "The recent appointments made by the Prime Minister killed the state and burdened its finances, and there is a 200-square-meter department with 270 employees."
    5 points
  24. Whoop Ass leaving the can.
    5 points
  25. Really - Is There Some Kind Of A Bug Going Around ? I Hadn’t Heard ...
    5 points
  26. The world is going insane B/A
    5 points
  27. ( IQD Rates - Updated: Wednesday - 3/11/2020 ) Official Central Bank of Iraq (CBI) Dinar Rate: 1190 IQD to 1 USD Dinar Market Rate: (CBI last reported 3-10-2020) 1196.914 IQD to 1 USD - Rates Are Within IMF 2% Rule: YES - Are Rates IMF 2% Rule Compliant for 90 Days: YES(maintained since ~Mar. 15, 2018 & Iraq Market since ~Nov. 14, 2018) (NOTE: rates were out of compliance for 3 days starting 11-5-2019 & 2 days starting 1-7-2020 Good Day DV ... Be Blessed ... RON
    5 points
  28. You know, his real name on his birth certificate which is as phony as a 3 dollar bill
    5 points
  29. Electronic payment tools 11/03/2020 Suha Alkafaie Suha Alkafaie It is known that the Prime Minister decided on 29/5/2018 to launch the project of localization of salaries and electronic taxation, with several goals, the most important of which is the advancement of the Iraqi economy and the achievement of additional revenues for oil revenues, but how is this achieved? And activating the work of various economic sectors such as industry and agriculture, which are two rivers They are not depleted, in addition to other sectors and their big role, such as the transportation and tourism sectors, etc. What is the relationship of salary settlement with this goal, and what are the mechanisms to achieve these goals, which the government, the private sector and the international community and every Iraqi are seeking and aspiring for ?, and this is a distant strategic goal that should be under the eyes of the Ministry of Planning in measuring the extent of success achieved and adjusting its paths, if it deviates from His goals. It also extends to the reduction of rampant corruption, as a result of relying on automated devices to pay money from any citizen such as the POS (electronic payment points), as it eliminates intermediaries, users, and bribes. Another very important organizational goal is to preserve government, private sector, and citizen funds. How (in practice) is this achieved? These major goals I will try to explain in a series of articles by examining the mechanisms and practical examples with a simple explanation for each case, but it is accurate and coherent. Providing an international electronic (salary card) for the employee is the first spark for all of these goals, as the salary has another added value when he entered the electronic card. Debit card only as it will provide a bank account that will organize and significantly change the life of the employee and from many sides and will work on: First: Regulating citizen's disbursements, and for its name: 1 - First organization: (Citizen's repayments) So organizing the individual's daily financial life with his various payments, the card or bank account will contribute to reducing the time, effort and money spent to sustain his daily life, as he can agree with the bank to pay fees, taxes and fines through an agreement with the bank, and deduct and pay at the end of each month to the concerned authorities from the bank his account or through the use of payment by telephone tools, and no need to go to any point of asking him to pay, exposure to the loss of time in the transport and exchange on the transport and effort, and in this case will contribute to the bank in organizing money and government ministries on the one hand, where he will enter a Bank is also in favor of the government ministries. 2- The purchase or purchase associated with the transportation of large commodities. He can buy a refrigerator, for example, through the website of any Iraqi company that offers its services and delivers the refrigerator to the house. As a result, he will keep his salary from deficiencies that drain his salary and be forced to pay it. 3 - Buying from stores, restaurants, markets, pharmacies, laboratories wages ... and others, through the POS payment point device will not pay higher than the price set for it, and this device does not deduct a commission from the buyer, as he will buy at the specified prices, so the Iraqi citizen will pay money without users and intermediaries Bribes and without delay and queuing through the POS payment devices, which will be installed for the private sector and government ministries later when launching the electronic tax project, also will get rid of the deficiency, the forger, the ripper, theft, loss, and many other life examples, on the other hand, its various payments will lead to positive results for healthier Business and private sector companies, on the other hand. 4 - The citizen will be able to apply for financing for the purchase of a residence or a car, and pay his dues upon deduction monthly. 5 - Banks will provide various services to meet the employee's necessary needs, which contribute to the development of his life, such as installing solar energy systems in his home in installments, which will provide him with money and reduce his payments to the owners of generators and give him a working system for free energy sources. 7 - He will be provided with various privileges and discounts in order to benefit from his bank account, such as discounted travel packages, travel and insurance card group points, and other services. 8 - It will provide him with the possibility to enter a new income for him through (a partnership contract) in Islamic banks with any of his relatives, by entering into a project that provides his salary card as a guarantee to provide financing for a small project, and he can benefit from the owner of the project, who has to manage and succeed the project. http://economy-news.net/content.php?id=19268
    5 points
  30. With Size 22 Clown Shoes - The Hotties Come And Find Me ! But That Cotton Candy Hair Is Definitely A Tasteful Classy Touch ...
    5 points
  31. A former minister expects to cut the salaries of employees and reduce the value of the dinar due to the collapse in oil prices Politics 03/2020 22:10 1238 Editor: ht Baghdad today - Baghdad The former Minister of Transport, Amer Abdel-Jabbar, expected, on Tuesday (10 March 2020), to reduce employee salaries and increase deductions and taxes, in light of the decline in oil prices in Iraq. In order to reduce the budget deficit. Abdul - Jabbar in an interview on "point of view" provided by the media Nabil Jassim, on the satellite channel of the Tigris, said that " the continuation of monetary policies and the government 's current contexts itself with a sharp decline in oil prices would be disastrous, and the employee should be expected to deduct his salary perhaps half or exchange part of His salary every two months, "noting that" the next stage may witness a decrease in employee salaries and increased deductions and taxes to reduce the budget deficit. " He added that "the Iraqi dinar is on its way to float (i.e. reduce its value), and the Iraqi government may have to increase the exchange rate of the dollar to 1250 dinars against the dollar in order to obtain additional funds estimated at 4 trillion dinars in the budget and this matter is positive because it will allow encouraging the national industry because it will raise the value Imported goods and makes domestic competitive. " He added, "We are afraid of a government decision to reduce the price of the dinar against the dollar to 1300 or 1350 in the event that the drop in oil prices is catastrophic. This float will cause the price of commodities to rise and burden the citizens. The state may use it to reduce the budget deficit." Abdul-Jabbar continued, "The government's decision to place customs and other exemptions to remove visa amounts with some neighboring countries has harmed Iraq and contributed to preventing the entry of important revenues to the state," noting that "since 2018, he warned of low oil prices in 2020". He pointed out that "the advisory base available to the Prime Minister is not qualified to deal with major crises, especially those related to low oil prices." He added that "the current advisers are friends of the Prime Minister, one of them told me: whoever understands his work with specialists will not enable him to reach the Prime Minister." Because it will take the place of others. " Abdul-Jabbar said that "the recent appointments made by the Prime Minister killed the state and burdened its financial resources, and there is a 200-square-meter department with 270 employees." Earlier today, Tuesday, the Finance Committee revealed the fact that the salaries of employees and retirees have been discussed after the drop in oil prices. The committee confirmed, according to a book issued by it, "The news circulated regarding the reduction of the salaries of employees and retirees is incorrect, and it categorically denies the intention of the financial committee or the parliament, and the government delve into this issue as it is an acquired right." She pointed out that she "is currently working to develop appropriate and faraway solutions to the issue of employee salaries, in order to advance the reality of the Iraqi economy." LINK
    5 points
  32. Source: America informs Abdul Mahdi not to object to staying in his position 11/3/2020 06:00:14 https://www.shafaaq.com/ar/سیاسة/مصدر-امريكا-تبلغ-عبد-المهدي-عدم-اعتراضها-على-البقاء-في-منصبه/ Shafak News / A political source familiar with the matter said on Wednesday that the United States of America has no objection to the resignation of the resigned Prime Minister. The source said to Shafak News, that the American ambassador in Baghdad, Matthew Tooler, informs Adel Abdul Mahdi, that the United States of America does not object to his continuation in his post. A source in the Al-Fateh Alliance headed by Hadi Al-Amri revealed earlier today that an agreement between Shiite leaders to keep the resigned Prime Minister Adel Abdul-Mahdi in office until the early legislative elections in the country. A source in the alliance told "Shafaq News", that "the head of the Alliance of Fath Hadi al-Amiri and the head of the wisdom stream Ammar al-Hakim held a meeting with the head of the State of Law coalition, Nuri al-Maliki to discuss the formation of the new Iraqi government, after Muhammad Tawfiq Allawi apologized for its formation." The source added, "The meeting reached an agreement in principle to keep the caretaker Prime Minister Adel Abdul Mahdi pending early elections at the end of this year." The Prime Minister-designate Muhammad Tawfiq Allawi announced his withdrawal from the formation of the transitional government after the parliament failed twice to hold an extraordinary session to give confidence to his government. The President of the Republic, Barham Ahmed Salah, agreed to Allawi's withdrawal, announcing the start of his consultations to choose an alternative candidate within a period of 15 days within the scope of his responsibilities according to the permanent Iraqi constitution. Iraq is still without a government since the resignation of former Prime Minister Adel Abdul-Mahdi, which he submitted under pressure from the supreme authority of the Shiites represented by Ayatollah Ali al-Sistani, and after the escalation of violence against protesters.
    4 points
  33. LINK Parliament and the government intend to launch a comprehensive plan to ward off the risks of low oil prices 11:00 - 11/03/2020 The Parliamentary Finance Committee announced, on Wednesday, that it intends in coordination with the government to launch a "comprehensive economic plan" to ward off the risks of low oil prices on the country, while stressing that the plan includes reconsidering the items of the 2020 budget by pressing on spending and deleting unnecessary paragraphs while increasing non-oil revenues and following them precisely. Committee member Ahmed Al-Saffar said in a statement that followed him / the information: “The urgent immediate plan is to reconsider the state’s general budget items for public expenditures, by deleting what is not necessary, such as delegations and conducting a careful follow-up process for non-oil revenues from border ports and taxes to squeeze spending. And increasing revenue. ” He added, "We need to reduce dependence on oil and move the actual economic sectors in order not to repeat such a crisis in the future." Noting that "Iraq is a rich country and has full sources of wealth, material, human, agricultural, industrial, commercial, tourism, labor and strategic location." He pointed out that "the committee seeks to transfer oil revenues and invest them in other sectors, and pave the way for the private sector to participate in the state and return agriculture to what it was in the past", stressing at the same time, that "the salaries of employees are a red line and cannot be crossed." Al-Saffar said that "the recent package of reforms launched by resigned Prime Minister Adel Abdul-Mahdi carried the budget a lot, as salaries increased from 38 to 53 trillion dinars after returning the dismissed persons to the ministries of interior and defense and providing new job grades in a number of ministries."
    4 points
  34. The United States Of America HAS Truck Load Upon Truck Load AND Warehouse Upon Warehouse AND Plane Load Upon Plane Load AND Naval Vessel Upon Naval Vessel LOCALLY OF Big Ole Cans Of Whoop EASILY OPENED!!!!!!!!!!!!!!!!!!!!!! ANY QUESTIONS???!!! DDDIIISSSMMMIIISSSSSSEEEDDD!!!!!!!!!!!!!!!!!!!!! I am adverse to inferences of profanity in ANY instance WHEREAS unapologetically support OUR The United States Of America Service Persons AND WILL NOT TOLERATE ANY The United States Of America Service Persons BEING HARMED BY ANY ENEMY!!!!!!!!!!!!!!!!!!!!! LET'S FINISH IT!!!!!!!!!!!!!!!!!!!!! YYYEEEAAAHHH BBBAAABBBYYY!!!!!!!!!!!!!!!!!!!!! Our True The United States Of America Patriot President Donald J Trump, True The United States Of America Patriot House Of Representatives, True The United States Of America Patriot Senators, AND ESPECIALLY OUR MILITARY MUST HAVE OUR PRAYERFUL AND OTHERWISE support IN EVERY WAY POSSIBLE NOW!!! Go Moola Nova!
    4 points
  35. Thank you Pitcher Synopsis and everyone. Time to drop a few pay loads and carpet a few large areas. Shock and awe like the world has ever seen. Not good on the exact terms. Rest in peace our dear warrior hero's American and British.
    4 points
  36. Red Alert, been on that status for 17 years with these guys.
    4 points
  37. Why are you being so angry lately. Chill out the Dems have their Nominee to beat Trump, snicker and 😂 😆 😝
    4 points
  38. Fantastic! Is there any way you could provide a link for this info for me to read up on? Thanks in advance!
    4 points
  39. Here s the Daily chart with support lines ( green) and resistance (red). The indicator below the chart is the Williams Accumulation/Distribution. As you can see no one is buying much these days. When the line comes back up through the teal line and then the next line I will be getting close to buying some swings. That may be weeks or months. We haven’t even gotten the worst from the CV yet. The last green line on the chart is the Dec 2018 low. That will be a 30% drop off the All time high. I have a feeling that’s were we are headed. Watch those support lines below. 2730 2608 2345 I took the 50, 100; 200 ema’s Off this chart but I’ll post another pic later. The 50 is sitting on the 100 and falling fast. Keep an eye on the 50 crossing the 200 ema. So the short answer to should I buy, I wouldn’t, NOT YET. Still waiting for the details on the Trump Stimulus. The Uncertainty Factor is still very strong due to CV. Be Patient and be well.
    4 points
  40. What makes you think she's qualified? Other than being a liberal lard butt Incapable of accepting reality, Oh wait, in the Democratic Socialist world that is qualified
    4 points
  41. 4 points
  42. Why should the Dinar be traded internationally? Think about it, from a common sense point of view: What's the point of trade, for a country like Iraq?...That's a key question and an honest answer:The thing is, no offense to the people of Iraq, but your country, especially the leadership, seems full of turdy **** heads. 🚽💩 Your leaders have no clue, how to run a country. They are corrupt and lazy and stupid, with a few exceptions. Your country of Iraq is unproductive and fairly useless. Perhaps that will change in time. I don't mean to insult Arabs, but your culture sucks....because it is mired in the past. Yes, there was a golden age of Islam, where Islam was ahead of Christian Europeans, when Islam was a light to the world, when Islam embraced the whole world with courage and an open heart, but that was long ago. Now your Muslim culture is sick and backwards. You have little to offer the world. But God has blessed you with incredible natural resources, oil, many minerals and great climate. You could be the breadbasket of Europe if you managed it well. My hope is Iraq will use it's wealth to create a modern society and integrate with the world. To Iraq I'd say: you have a hell of a lot more to gain from dealing with us, in the civilized world, than we have to gain from dealing with you. You have much more to learn from us, than the very little we need to learn from you. I include America, Canada, Australia, Europe and China, Japan and Korea in the advanced civilized world. People in advanced technical countries have built economies and lives for our citizens that are vastly superior to the **** holes in the Third World....like Iraq. Our countries are vastly superior to yours. We are better than you. Don't kid yourself about that. Don't be proud to live in a shithole. Be humble. Learn from others. Japan and China followed that path and now the student often surpasses the Master..... You need to look up to us in advanced countries....including Japan and China and Korea now.. Don't think we need to look up to you. Wrong........we don't, that's backwards. At the same time: We do not look down on you, as you have great potential and a glorious past that shows tremendous potential. But we wonder: will you piss all your one time wealth away?... I think of the Biblical parable of the talents......Will you throw away what God has given you? So far the fools that lead Iraq are doing just that. The world wants to do business with you, joint ventures that could build a wealthy Arab and Kurdish country in Iraq....with wonderful lives for your children. The question is: are your leaders too stupid, too corrupt, too greedy, too mired in historic grievances, to take this opportunity, to take this olive branch? I'd say it's time for the young people of Iraq to kick the tired old leaders in the ass..... In a few decades the civilized world won't need your oil. Our great scientists will come up with an alternative. There are two Tesla electric cars parked on my street now. Soon they will be common. Then you will have nothing. Face it: You don't have the capacity to build an advanced civilization without the aid of highly technical countries like Germany, China or America. Will Iraqis continue to be complete stupid fools, as chronicled on this chat? I have no idea. That's up to the Iraqi young people, to fight for what they want in their future. It's their life, not mine. It's their country, not mine. There are places in the Arab world that are rich and successful. The leaders in successful Muslim countries have been wise with their trusted oil windfall. My brother in law is a petrochemical engineer who tells me of a few really high quality places in the Arab world. Yet I read daily of the stupidity of the Iraq elite on this site. Dear Iraqi: you can blame America if you like, but the truth is, the fool is in the mirror. We offer you great riches, far exceeding anything in your history, and your leaders throw it away on obscure religious squabbles, petty stupidity, greed and corruption. The leaders of Iraq should have their heads examined by a psychiatrist.👴
    4 points
  43. Some guy bought a new fridge for his house. To get rid of his old fridge, he put it in his front yard and hung a sign on it saying: "Free to good home. You want it, you take it." For three days the fridge sat there without even one person looking twice at it. He eventually decided that people were too un-trusting of this deal. It looked too good to be true, so he changed the sign to read: "Fridge for sale $50." The next day someone stole it. Caution... They Walk Among Us! ~~~~~~~~~ One day I was walking down the beach with some friends when someone shouted...."Look at that dead bird!" Someone looked up at the sky and said... "where???" They Walk Among Us!! ~~~~~~~~ While looking at a house, my brother asked the real estate agent which direction was north because, he explained, he didn't want the sun waking him up every morning. She asked, "Does the sun rise in the north?" When my brother explained that the sun rises in the east, and has for sometime, she shook her head and said, "Oh, I don't keep up with that stuff." They Walk Among Us!! ~~~~~~~ I used to work in technical support for a 24/7 call center. One day I got a call from an individual who asked what hours the call center was open. I told him, "The number you dialed is open 24 hours a day, 7 days a week." He responded, "Is that Eastern or Pacific time?" Wanting to end the call quickly, I said, "Uh, Pacific". They Walk Among Us!!! ~~~~~~~~ My colleague and I were eating our lunch in our cafeteria, when we overheard one of the administrative assistants talking about the sunburn she got on her weekend drive to the shore. She drove down in a convertible, but, "didn't think she'd get sunburned because the car was moving . " They Walk Among Us!!!! ~~~~~~~ My sister has a lifesaving tool in her car it's designed to cut through a seat belt if she gets trapped. She keeps it in the trunk... They Walk Among Us!!!!! ~~~~~~~~ My friends and I were on a beer run and noticed that the cases were discounted 10%. Since it was a big party, we bought 2 cases. The cashier multiplied 2 times 10% and gave us a 20% discount.... (maybe I should have bought 10 cases) They Walk Among Us!!!!!! ~~~~~~~ I couldn't find my luggage at the airport baggage area. So I went to the lost luggage office and told the woman there that my bags never showed up. She smiled and told me not to worry because she was a trained professional and I was in good hands. "Now," she asked me, "has your plane arrived yet?"... They Walk Among Us!!!!!!!! ~~~~~~ While working at a pizza parlor I observed a man ordering a small pizza to go. He appeared to be alone and the cook asked him if he would like it cut into 4 pieces or 6. He thought about it for some time before responding. "Just cut it into 4 pieces; I don't think I'm hungry enough to eat 6 pieces . " Yep, they walk among u s AND they reproduce !
    4 points
  44. Parliamentary Finance: Employee salaries are not affected Baghdad / Omar Abdul Latif and Shaima Rashid The Parliamentary Finance Committee affirmed that the salaries of employees are fully insured and untouched despite the size of the budget deficit and the drop in oil prices, and the committee revealed efforts to add about 700 billion dinars in debt owed by mobile phone companies to fill the deficit in the budget of 2020. A member of the Finance Committee Jamal Cougar told Al-Sabah: “The salaries of employees are insured and will not be approached,” recalling what happened when oil prices fell in 2014 and the country was in a state of war with ISIS terrorist gangs, and the bank reserve fell to its lowest level, and salaries were insured. "The economic crisis is not just about salaries, it also cries O also to provide job opportunities and reduce unemployment and poverty, support the private sector and attract investments. In addition, the head of the Parliamentary Finance Committee, Haitham Al-Jubouri, denied the rumors that talked about discussing reducing the salaries of state employees, and said: " There is no truth to discuss reducing the salaries of state employees because of the low oil prices. ” For his part, Aswan Al-Chaldani, member of the Information and Communications Committee in the House of Representatives, told Al-Sabah:“ The committee demanded the return of debts owed by mobile phone companies to the state treasury, or added to a budget 2020 to fill the deficit in it, since the Iraqi people are more important to them than others. ”Al-Chaldani revealed,“ There are great pressures exerted on everyone by influential political parties to impede the collection of these debts from these companies, to be evidence that there are interests between companies. ” And those entities in this vital and important sector, which can not be You will benefit from it in all security, economic, social and other aspects. LINK
    4 points
  45. Added at 9:40 AM CST - This is for any of you who might hold the VND in addition to the IQD: 3-10-2020 Newshound Guru Pimpy Vietnam has their ducks in a row way more than Iraq does. They don't have a problem with their government. It's not unstable. Their economy is pretty healthy and things seem to be going pretty good there...Vietnam is ready to really take a more active role on the international scene. They want to start doing business with other businesses in the United States...the banks want to get involved...this is great news if you hold Vietnam dong because the stronger they get the stronger the Vietnam dong becomes...April 6 is [when] the new Trump policies are being implemented that if any country is found manipulating their currency there's additional tariffs, penalties and sanctions put on them. Vietnam was red hot on their list...this is good. This is what we want...
    4 points


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