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Showing content with the highest reputation on 03/20/2020 in all areas

  1. The appearance of Muhammad Salih: The financial situation of Iraq is currently under warning 19/03/2020 Baghdad - Mawazine News The financial advisor to the Prime Minister, Mazhar Muhammad Salih, confirmed today, Thursday, that the financial situation of Iraq is currently under warning. Saleh said in a statement to the Iraqi News Agency (conscious) and his follower / Mawazine News /, "The government is closely monitoring the situation in two directions: The first is by setting core priorities for government expenditures, especially the groups that receive monthly government income and number approximately 8 million people, such as employees, retirees and those covered by care. Social and financial grants provided to some of the suspended government companies. He added that "trying to avoid expenditures is not important at the present time and stop them immediately until the oil markets return to their normal conditions, while working to maximize non-oil resources and with broader interest, such as customs revenues." is over M hn http://economy-news.net/content.php?id=19354
    11 points
  2. 3-20-2020 Newshound Guru Pimpy Article "Association of Private Banks: The recent decisions of the Central Bank contribute to increasing electronic commerce" This guy is talking about how they're trying to get away from dealing in cash because they're trying to stop the spread of the coronavirus... Quote "the central bank of Iraq had taken serious measures to encourage citizens to use electronic payments including making commission zero for their merchants when using points of sale for a period of six months starting today...explained that Iraq's citizens can buy with his or hers bank card from inside or outside Iraq without any commissions in addition to using the official exchange rate approved by the central bank and not the exchange rate in the market." Whoa! What the heck does that mean? ...something is happening... 3-20-2020 Newshound/Intel Guru Francis Albert I don't believe PM, stability, investors etc. has anything to do with he Dinar going International. The Dollar Inc. people, IMF and all Central Banks are running the show and they will do what ever serves them best. Sure U.S. will get a few bones for doing the deed. Good Morning DV....Ron
    9 points
  3. As close as we’re gonna get to Kim Clement prophesy of Iraqi Dinar and 20k, we’ll see
    9 points
  4. - No daily auctions in the last three days - The ISX closed from 3/17 to 3/24 - Calling in notes with the excuse of Coronavirus - implementation of electronic banking - Banking system Getting the human resource ready for international business - Customs regulations $10,000 allowed 1,000,000 IQD forbidden - New Prime minister - Iraq in good position to pay off its debt Looks like things are lining up. Go RV Go asap
    9 points
  5. “Barham Saleh chose to enter into a confrontation with the Iranian axis by assigning a personality belonging to the "victory alliance" led by former Prime Minister Haider al-Abadi, in light of the atmosphere of a wide segment of Iraqi forces and currents that wish these options to be in contrast to the interim mission that the government brought That is, to establish a new stage in the political process in Iraq that would limit the influence and mobilization of forces and groups affiliated with the Iranian axis in capturing the capabilities of power and the political process.” A move in the right direction by president Saleh to limit Iran influence. Go iraq Go sovereignty Go democracy Go freedom
    8 points
  6. LMAO!!! The first thing this official could do would be to tell the country of idiots to not lick the wall...that would go along way in stopping the spread of the virus. lol
    7 points
  7. If the IMF had any balls or brains one of them would tell Iraq to get a PM an seated cabinet with a functioning government before you start your begging again. At some point there has to be a person or an organization to force Iraq to abandon their ties to Iran an become part of the international community...
    7 points
  8. Tonight my friend said that the Shia leadership are having a very important meeting to try and figure out how to deal with the new PM. Even though he is Shia, the Iranian Shias will not accept him. He may have the votes of the Sunnis and the Kurds but the Shia will reject him.. We will see how this develops..
    7 points
  9. The virus kills three Iranians every hour .. Iranian official: We will suffer heavy losses if we do not control the Corona in two weeks - 11 Hours Ago Ali Reza Raisi, assistant to the Iranian Minister of Health, said that his country would suffer heavy losses if it did not control the new Corona virus (Covid-19) within two weeks. Meanwhile, Iranian Deputy Minister of Health Erg Hariri revealed that three Iranians die and 43 others become infected with the virus every hour. Haririji, who started his work in the committee to fight the spread of the virus after recovering from infection, invited Iranian citizens to stay in their homes during the Iranian New Year holiday (Nowruz). "If we do not control the virus within a maximum of 15 days, then this requires that we fight for another two months, and then we will suffer very great losses," Ali Reza Raisi said in statements he made on Wednesday. He added, during his participation yesterday in a closed-circuit television meeting with a number of deans of Iranian medical colleges to discuss ways to deal with the virus, he had benefited from medical examination so far, 22 million and 500 thousand people, in the context of the national mobilization to confront the virus. The Iranian Ministry of Health announced earlier that the number of people who died from the virus was close to 1135 until Wednesday noon, while 17,361 cases were recorded. On the other hand, Iranian state television reported on Wednesday that the Supreme Leader of the Republic, Ali Khamenei, would pardon 10 thousand prisoners, including political prisoners, on the occasion of Nowruz. Iran has temporarily released about 85,000 people from prisons, including political detainees, as part of measures to tackle the Corona epidemic. President Hassan Rouhani defended his government's handling of the epidemic despite not having imposed a comprehensive closure, as Iran is among the countries that recorded the highest number of epidemic deaths outside of China, from which the virus spread at the end of last December. Source: Al-Jazeera + agencies LINK
    7 points
  10. Whoa! Maybe this Pimpy? ( Updated: 3/20/2020 ) Official Central Bank of Iraq (CBI) Dinar Rate: 1190 IQD to 1 USD Dinar Market Rate: (CBI last reported 3-16-2020) 1203.455 IQD to 1 USD
    6 points
  11. Officials: The Iraqi financial crisis may make us borrow from the International Monetary Fund again Iraq Stock Exchange Economy News - Baghdad Between the fall in crude prices and political volatility, the shrinking international intentions to save it and the new Corona epidemic, Iraq stands on the brink of a financial catastrophe that could push it into austerity measures and re-renew popular anti-government protests . But officials seem strangely optimistic, which experts describe as a "denial" given that an expected collapse in oil prices will cost Iraq two-thirds of its net income this year . Brent crude prices fell this week to $ 26 per barrel, the lowest level since 2003, in the wake of global oil demand affected by the outbreak of the Corona virus, and the price war between major producers Saudi Arabia and Russia . In contrast, the head of the International Energy Agency, Fatih Birol, says that Iraq, whose oil revenues constitute more than 90 percent of its revenues, will face "enormous economic pressures ." Iraq is the second largest oil producer in the "OPEC", and usually exports 3.5 million barrels per day . Iraq adopted in its draft budget for 2020 on an expected price of $ 56 a barrel. And with lower prices, Iraq’s net income will decrease by 65 percent this year, compared to last year, causing a monthly deficit of $ 4 billion dedicated solely to paying salaries and maintaining government business continuity . Birol points out that "in the current crisis, Iraq will suffer to exceed oil revenues of $ 2.5 billion per month," calling on officials to find "urgent solutions." This prediction is based on the price of $ 30 a barrel before the recent decline . Ways to reduce costs On the other hand, senior Iraqi officials say to Agence France-Presse that the ministries of finance and oil, the Iraqi Central Bank and state-owned banks are looking at ways to cut costs and find financing . The Governor of the Central Bank of Iraq, Ali Al-Alaq, explains to the agency that "there is some concern, but it is not severe ." "I think oil prices at this level will not last long. We don't expect big spikes, but at the level that secures the required volume, " he says. Al-Alaq believes that officials are still closely reviewing the draft 2020 budget, which is one of the largest budgets of Iraq at around 137 billion dollars . Over 75 percent of it is earmarked for salaries and other costs, with the remainder being spent on capital investments . Total salaries jumped from $ 36 billion in 2019 to $ 47 billion this year, after 500,000 new employees were hired to appease the rising street for months . The government employs about four million Iraqis, pays three million of them, and welfare for a million employees . The relationship explains that "based on our preliminary indicators, we will be able to cover external debt and salaries", and reduce the benefits and services that "lack economic efficiency ". But eliminating any benefits in a time of global economic downturn could put people back on the streets with even greater momentum . He points out that other options include recovering "trillions" of the Iraqi dinar from accounts in state-owned banks, as the ministries have stored years of surplus funds, issuing bonds to people and rescheduling internal debt payments . The central bank governor added that new talks are also underway with the International Monetary Fund, but with the absence of a budget and the formation of a new government, it appears that it will not bear fruit . The government does not plan to devalue the currency, obtain new foreign loans, or stop payments to international oil companies, which are worth $ 1 billion a month . Al-Alaq was optimistic that the pressures would push the government to introduce long-awaited financial reforms, saying that "a blow that does not break your back will strengthen you ." Not optimistic On the other hand, some officials openly admit that they do not share the optimism of the relationship . A senior Iraqi adviser describes the situation as a "serious crisis", while another says that it will be impossible to reduce the budget in a country that TI ranked 16th on the list of the most corrupt countries in the world . "Some ministers oppose cuts because it will penetrate their patronage networks," the chancellor says . He adds that the government assumes that oil prices will return to normal within two months, which the International Energy Agency did not expect . In a related context, Ahmed al-Tabaqshali of the Iraq-based Institute for Regional and International Studies notes, "Putting the head in the sand is not politics ." Although Iraq faced a collapse in prices in 2014 and 2016, it did not witness the current significant decline in global demand, especially from China affected by the Corona virus, the main importer of Iraq . Reliance on the international community is less permanent than it was in 2014, when world powers were eager to help Iraq fight ISIS . Tabkashli says that Iraq may have to resort to reserves worth about $ 60 billion to cover the deficit, but it will inevitably have to reduce salaries and perhaps borrow internationally . Even if the markets eventually stabilize, Iraqi oil will struggle to compete with the abundant Saudi product . So Tabaqli considers that "there are painful adjustments that we need to make now, not leave them to our grandchildren." http://economy-news.net/content.php?id=19354
    5 points
  12. temporarily released about 85,000 people from prisons. Ok guys were going to let you go today, but in 2 weeks you have to come back, you know for like some torturing, beatings and starvation, rape things like that ok have a nice day bye seeya soon.
    5 points
  13. I wondered where my ex-wife had gone. She MUST be in charge of Iraq spending now. This makes perfect sense. When things are tight.....spend more. What a bunch of idiots. And 500k NEW employees on the government payroll......while the IMF encourages privatizing and LESS government payroll?? Brilliant !!
    5 points
  14. Its actually a mandate now so enforceable. Im an electrical contractor and already had city officials in my small town call and ask what capacities of infrastructure repair we are capable of. Ive always been a prepper and can handle three months of isolation easy. Not sure about the neighbors so we are ready to help. Electricians are considered essential. but have cancelled all non essential work. I do have a high priority repair scheduled for Saturday that needs to be done at a medical facility ( transformer replacement ) that we will take care of. After that I'll Only take calls from city and government officials. They have my cell number and asked that i be on standby. Been telling everyone i know since Fed 1st to get ready. Many are thanking me now. From a reliable official. Here is a little more information on the virus that may help explain a few things that people don’t understand. This is from an immunologist at Johns Hopkins University. Feeling confused as to why Coronavirus is a bigger deal than Seasonal flu? Here it is in a nutshell. I hope this helps. Feel free to share this to others who don’t understand... It has to do with RNA sequencing.... I.e. genetics. Seasonal flu is an “all human virus”. The DNA/RNA chains that make up the virus are recognized by the human immune system. This means that your body has some immunity to it before it comes around each year... you get immunity two ways...through exposure to a virus, or by getting a flu shot. Novel viruses, come from animals.... the WHO tracks novel viruses in animals, (sometimes for years watching for mutations). Usually these viruses only transfer from animal to animal (pigs in the case of H1N1) (birds in the case of the Spanish flu). But once, one of these animal viruses mutates, and starts to transfer from animals to humans... then it’s a problem, Why? Because we have no natural or acquired immunity.. the RNA sequencing of the genes inside the virus isn’t human, and the human immune system doesn’t recognize it so, we can’t fight it off. Now.... sometimes, the mutation only allows transfer from animal to human, for years it’s only transmission is from an infected animal to a human before it finally mutates so that it can now transfer human to human... once that happens..we have a new contagion phase. And depending on the fashion of this new mutation, thats what decides how contagious, or how deadly it’s gonna be.. H1N1 was deadly....but it did not mutate in a way that was as deadly as the Spanish flu. It’s RNA was slower to mutate and it attacked its host differently, too. Fast forward. Now, here comes this Coronavirus... it existed in animals only, for nobody knows how long...but one day, at an animal market, in Wuhan China, in December 2019, it mutated and made the jump from animal to people. At first, only animals could give it to a person... But here is the scary part.... in just TWO WEEKS it mutated again and gained the ability to jump from human to human. Scientists call this quick ability, “slippery” This Coronavirus, not being in any form a “human” virus (whereas we would all have some natural or acquired immunity). Took off like a rocket. And this was because, Humans have no known immunity...doctors have no known medicines for it. And it just so happens that this particular mutated animal virus, changed itself in such a way the way that it causes great damage to human lungs.. That’s why Coronavirus is different from seasonal flu, or H1N1 or any other type of influenza.... this one is slippery AF. And it’s a lung eater...And, it’s already mutated AGAIN, so that we now have two strains to deal with, strain s, and strain L....which makes it twice as hard to develop a vaccine. We really have no tools in our shed, with this. History has shown that fast and immediate closings of public places has helped in the past pandemics. Philadelphia and Baltimore were reluctant to close events in 1918 and they were the hardest hit in the US during the Spanish Flu. Factoid: Henry VIII stayed in his room and allowed no one near him, till the Black Plague passed...(honestly...I understand him so much better now). Just like us, he had no tools in his shed, except social isolation... And let me end by saying....this genome is so slippery...if it mutates again (and it will) who is to say what it will do next.
    5 points
  15. They should have diversified their economy years ago and not stay so dependent on oil for their main revenue. On top of all the stealing and corruption that is going on with the GOI, this is coming back to bite them in the butt.
    5 points
  16. Thanks GregHi, like to inside info you bring.
    5 points
  17. cbi is allowing the notes to shed the virus ... meanwhile back at the ranch hop sing holding the fort down .
    5 points
  18. Wow I think they are making a little headway against Iranian influence here. MAKE IRAQ GREAT AGAIN!!!
    5 points
  19. 12 minute explanation of the 4 stages of the disease if you catch it. Includes the detailed protocol of how to use 4 inexpensive supplements to prevent infection as well as to quickly recover if you are infected. Based on the work of Clif High. There are reports from all over the world that Clif's protocols have saved lives and prevented infection. He is well schooled in Traditional Chinese Medicine and his recommendations are fairly inexpensive, easy to take and can be ordered online. However, supplies of some items are beginning to diminish so I encourage everyone to get some now and put yourself and loved ones on this simple supplement program.... It may literally save you or your loved one's life and/or help you avoid some horrible suffering and permanent lung damage (one many's hellish ordeal with coronavirus). Plus you will physically feel better/stronger and enjoy great peace of mind knowing you have hardened yourself and your loved ones from catching this insidious virus.
    4 points
  20. The Inevitable Outcome Of The Oil Price War - Mar 19, 2020, 8:00 PM CDT Join Our Community One might reasonably posit that when Crown Prince Mohammed bin Salman (MbS) signalled that Saudi Arabia was once again going to produce oil to the maximum to crash oil prices in a full-scale oil price war, Russian President Vladimir Putin probably fell off the horse he was riding bare-chested somewhere in Siberia because he was laughing so much. There is a phrase in Russian intelligence circles for clueless people that are ruthlessly used without their knowledge in covert operations, which is ‘a useful idiot’, and it is hard to think of anyone more ‘useful’ in this context to the Russians than whoever came up with Saudi’s latest ‘plan’. Whichever way the oil price war pans out, Russia wins. In purely basic oil economics terms, Russia has a budget breakeven price of US$40 per barrel of Brent this year: Saudi’s is US$84. Russia can produce over 11 million barrels per day (mbpd) of oil without figuratively breaking sweat; Saudi’s average from 1973 to right now is just over 8 mbpd. Russia’s major oil producer, Rosneft, has been begging President Putin to allow it to produce and sell more oil since the OPEC+ arrangement was first agreed in December 2016; Saudi’s major oil producer, Aramco, only suffers value-destruction in such a scenario. This includes for those people who were sufficiently trusting of MbS to buy shares in Aramco’s recent IPO. Russia can cope with oil prices as low as US$25 per barrel from a budget and foreign asset reserves perspective for up to 10 years; Saudi can manage 2 years at most. A key reason why Russia can survive for so much longer than Saudis is actually thanks to MbS himself. Underlining this – and the fact that the Russians do have a very impish sense of humour, as they do – was that Russia’s Energy Minister, Alexander Novak, last week praised the co-operation of the OPEC+ grouping over the past three years, which, he added “had earned Russia 10 trillion rubles [US$140 billion].” Presumably just to highlight the irony of this further, Russia’s Finance Ministry then helpfully chipped in that the accumulated funds from the previous OPEC+ agreements will help Russia to support the ruble and will also help Russia to cope with oil prices as low as US$25 per barrel for up to 10 years. The metaphorical icing on the cake, though, was Novak adding that “we may reach new agreements [with OPEC] if needed”. In practical terms this means that if, in fact, it takes longer than originally thought by Russia for Saudi to go bankrupt and it starts to have any negative impact on Russia, then Moscow will just click its fingers together and Riyadh will come running to sign a new OPEC+ output cap deal. Related: Russia Sees Oil & Gas Income Fall By Almost $40 Billion But surely, some may say, Saudi stands no chance of going bankrupt? In fact, as highlighted above, Saudi will absolutely go bankrupt if it continues this oil price war. As Saudi Arabia’s own deputy economic minister, Mohamed Al Tuwaijri, stated unequivocally in October 2016 last time that the Saudis tried this exact same ‘strategy’ from 2014 to 2016: “If we [Saudi Arabia] don’t take any reform measures, and if the global economy stays the same, then we’re doomed to bankruptcy in three to four years.” That is to say, that if Saudi kept overproducing to push oil prices down – just as it is doing right now, yet again - then it would be bankrupt within three to four years. The timeframe has halved for a variety of reasons outlined in my recent piece on this very subject here. But what has Russia to gain from Saudi going bankrupt? Economically, it means that Saudi will default on sovereign and corporate debt, will not be able to service its key industries, and will be unable to meet the requirements for its major oil and gas contracts. Simply having less Saudi oil and gas competing in the same space as Russia and its allies – notably Iran and Iraq – would be benefit enough for Russia but there are even bigger added benefits too. One of these is the destruction of the already strained relationship between the U.S. and Saudi Arabia that has endured since 1945. At that time, as analysed in depth in my new book on the global oil markets, the deal that was struck between the then-U.S. President Franklin D. Roosevelt and the Saudi King at the time, Abdulaziz, onboard the U.S. Navy cruiser Quincy in the Great Bitter Lake segment of the Suez Canal was that the U.S. would receive all of the oil supplies it needed for as long as Saudi had oil in place, in return for which the U.S. would guarantee the security both of the country and of the ruling House of Saud. Support in the U.S. for the continuation of this relationship has already diminished markedly in the past few years. This change in attitude began in earnest when it came to the U.S. public’s attention that 15 of the 19 hijackers who flew the aeroplanes involved in the ‘9/11’ terrorist atrocity on the U.S. were Saudi nationals. The extent of the Saudi government’s involvement in funding such terrorism appeared front and centre following the overriding on 28 September 2017 by the U.S Congress of former President Barack Obama’s veto of the Justice Against Sponsors of Terrorism Act. That made it possible for families of the victims of the ‘9/11’ terrorist attack to sue the government of Saudi Arabia for damages. Within a short space of time after this reversal, there were seven major lawsuits in federal courts alleging Saudi government support and funding for the ‘9/11’ attack, and more lawsuits are expected. Subsequent events have not softened this negative view, with ongoing pressure from the U.S. Congress over the Saudi-led war in Yemen, the cosying up of Saudi to Russia in the OPEC+ grouping, and Lebanese President Michel Aoun’s allegation in 2017 that then-Prime Minister Saad al Hariri had been kidnapped by the Saudis and forced to resign. Matters grew worse with the murder of dissident Saudi journalist, Jamal Khashoggi, on 2 October 2018 at the Saudi consulate in Istanbul, Turkey, which even the CIA concluded was personally ordered by MbS. Such was the shift in sentiment away from Saudi over these years that the U.S. Presidential Administration has come under growing pressure to finally implement the ‘No Oil Producing and Exporting Cartels Act’ (NOPEC). This bill – which can still be implemented, incidentally (apparently something else that MbS has not taken into consideration) - would make it illegal to artificially cap oil (and gas) production or to set prices, as OPEC and Saudi Arabia do. Related: Russia Needs Higher Oil Prices, But Won't Surrender The bill would also immediately remove the sovereign immunity that presently exists in U.S. courts for OPEC as a group and for its individual member states. This would leave Saudi Arabia open to be sued under existing U.S. anti-trust legislation with its total liability being its estimated US$1 trillion of investments in the U.S. This, and all of the other aforementioned events, resulted in MbS being completely unable to find any international listing destination for the Aramco IPO. As highlighted ahead of the IPO in previous articles published in OilPrice.com, Aramco shares are now haemorrhaging value for precisely the key reason cited: that the company would be used as an instrument of government policy - however ill-considered - regardless of the considerations of shareholders. Moreover, at the weekend, Aramco posted figures showing a 21 per cent fall in 2019 ‘due to a drop in oil prices’ – and this is before the new price-crashing strategy was put in place by MbS! After the ‘strategy’ announcement, the shares were trading at 15 per cent less than the offer price. In addition, again making a lie of its previous statements, it emerged at the end of last week that, despite its proven ridiculous claims by the Kingdom to boost supplies to levels never before even vaguely attained. Aramco rejected at least three Asian refiners’ (one Korean, one Taiwanese, and one Chinese) requests for additional crude for April, on top of their long-term supply deal. So Russia, with Saudi Arabia either in the oil price war or better still bankrupt, benefits either way. The long-term goal of Russia is to control directly or indirectly all of the key players in the Shia crescent of power in the Middle East, including most immediately Lebanon, Syria, Iraq, Iran, and Yemen (via Iran). All of these countries have vast oil and gas reserves and/or useful coastlines for Russian military and commercial needs (Mediterranean access or access to the Arabian Sea). To do this, Russia’s core foreign policy strategy is to create chaos and then project Russian solutions and therefore power into that chaos. In this respect, again, MbS is being very ‘useful’ to the Russians. https://oilprice.com/Energy/Oil-Prices/The-Inevitable-Outcome-Of-The-Oil-Price-War.html
    4 points
  21. YIKES!!! This is scary! If this is happening in Iran with a population of 83 million, what about other countries? I hope that the theory about ACE2 cells making certain groups of people more susceptible to catching the coronavirus than others ( link ) is true. Not that I would want one group of people to die more than others, but if that's how life works, I hope that at least this time it take out many of the ruthless leaders and jihadists in Iran I at least. Iran's Health Ministry's spokesman admits every 10 minutes an Iranian dies from coronavirus AND 50 new Iranians contract the virus every hour as he begs the people to following the government's "extreme scenario" warning to stay home. Despite that between Tuesday and Wednesday of this week Iran witnessed its biggest ever single-day spike in Covid-19 cases, authorities are still struggling to get everyone to observe quarantine and self-isolation measures, especially after throngs of hardline Shia demonstrators have gathered to protest the closure of two of the country's holiest shrines in the city of Qom. He further urged citizens to think about this extreme risk every time they break national directives and go out to visit people or travel to other cities. This as on Thursday the national number of cases climbed to 18,407 — a jump of 1,046 cases from the day prior. The death toll in Iran from the coronavirus outbreak has risen to 1,284, state media reported on Thursday, among those 149 people dying of the virus in the last 24 hours, with 1,046 new cases emerging. link
    4 points
  22. Orange Bad Man did something GOOD
    4 points
  23. “ BORROW “ .... I’m still laughing 😝 They’ve perpetrated the Crime Of the Century and think no one has seen it yet. ??? Still they want more. That’s rich.
    4 points
  24. 3-18-2020 *** Dinar Update *** Multiple gurus and major news outlets are reporting a new prime minister has been appointed by Iraqi President Saleh. Parliament was not able to agree on a nominee so Saleh used his constitutional powers to select Adnan Al-Zurfi. He has 30 days to seat his ministers. But there's talk parliament may be dissolved as stated in the constitution since they are unable to agree on a Prime Minister. Zurfi has stated there will be early election within one year of his official appointment... Stay tuned as this evolves...(REPOSTED).. 3-19-2020 Newshound Guru Pimpy ...all kinds of interesting things happening and I'm not talking about the coronavirus. That's right there's other news besides the dang coronavirus...Article "We are watching the oil market to respond to the Iraqi proposal to hold an OPEC meeting". Looks like Iraq is talking to Russia about coming back to the OPEC+ meeting and seeing about ending this oil war. 3-19-2020 Intel Guru MarkZ [via PDK] We are watching everything play out… It will reset…give us sound money to fix this economy and we will see life get back to enjoyment, and better then ever…I see great hope for our future… 3-19-2020 Newshound Guru Jeff ...the last time that the U.S. government gave financial assistance to the U.S. citizens was back when Kuwait reinstated their currency...we could have approximately two checks coming from our own federal government...maybe April 6th and the second one coming around May 18th which would be financial aid for us. That could be after the Iraq RI rate change.
    4 points
  25. They chain a red painted camel to their leg so they can find them quickly if they don't come back.
    4 points
  26. Washington completes unloading the Iranian victory in Iraq Support for the Kurdistan Alliance and Sunni forces provided Zarrafi with the national cover Hassan Fahs writer and journalist Thursday 19 March 2020 1:01 Shiite support for al-Razafi remains weak (Reuters) The developments witnessed by the Iraqi arena in the last hours, which ended in a decisive decision taken by the President of the Republic, Barham Salih, to assign the head of the parliamentary "Victory Bloc" Adnan al-Zarfi, from outside the nomination of the largest bloc to form the new Iraqi government, after about a hundred days of vacancy in this position, as a result The resignation of Adel Abdul Mahdi under the pressure of the uprising street, and the position of Marjaiya in Najaf, negatively on the performance of his government. These developments may mean that Iraqi political life is divided between two axes, narrowing the areas of understanding and convergence between them, and that President Saleh has decided his options by going to the option of confrontation, moving to the first row of the axis that wants to resolve matters and get out of the vacuum tunnel, and reduce the hegemony and influence of the opposite axis, and reduce The one who does not want to release the prime minister except under the conditions he wants and guarantees his interests and the interests of the ally who supports him. Barham Saleh chose to enter into a confrontation with the Iranian axis by assigning a personality belonging to the "victory alliance" led by former Prime Minister Haider al-Abadi, in light of the atmosphere of a wide segment of Iraqi forces and currents that wish these options to be in contrast to the interim mission that the government brought That is, to establish a new stage in the political process in Iraq that would limit the influence and mobilization of forces and groups affiliated with the Iranian axis in capturing the capabilities of power and the political process. The welcome reactions to this option have not been delayed, as the civil forces and youth groups affecting the opposition arenas have welcomed this assignment, considering that it breaks the stalemate in the political process, and indicates the ability of the Iraqis to exit from the Iranian option, especially as this nomination was a catalyst for the Iraqi components by announcing Its position in support of Al-Zrafi in this mission, in contrast to his predecessor in this mission, Muhammad Tawfiq Allawi, who unanimously agreed to all his integrity and patriotism, but she expressed her fear that he was unable to cross into Iraq from the crisis he is going through, as Al-Zorfi, and after hours of his assignment, obtained support Alliance A. Kurdistan, in addition to the Sunni forces, has provided him and his mission with the national cover that represents the most important Iraqi sectarian, religious and national components, despite the Shiite support that is not comprehensive and is limited to the "Alliance of Victory" and the "Marching Bloc" led by Muqtada al-Sadr, in addition to a number of deputies Sporadic. This reveals several facts. Shiite support for al-Zrafi will be weak despite the fact that “other people” stand beside him. Most of the Shiite forces and their parliamentary blocs did not agree to a mechanism of his choice, such as the “stream of wisdom” led by Ammar al-Hakim, who went on to declare a single position on the Shiite forces that met to announce their position, in When the other powers did not hesitate in the “Al-Fateh bloc” led by Hadi al-Amiri, and the “State of Law” led by Nuri al-Maliki, the Supreme Council headed by Hammam Hammoudi, the National Security Adviser Faleh al-Fayyad, and “Asaib Ahl al-Haq” led by Qais Khazali and the “Popular Mobilization” factions Such as the "Imam Ali Brigades" led by Shibl al-Zaidi, and the "Brigades of Master of the Martyrs" led by Alaa al-Walayi, and the "Movement of the Nujaba," led by Akram al-Kaabi, jointly or separately, in announcing its rejection of this mandate and this designation, and did not hesitate to suggest that this option could lead to negative results that will be reflected in security and stability. The factions opposing the designation of Al-Zarfi, which are considered representative of the Iranian tendencies on the Iraqi scene, have not hesitated in recent months, accusing Al-Zarfi of being involved in the events and riots that witnessed the city of Najaf during the massive demonstrations and ended in the burning of the Iranian consulate and bloody confrontations in the city streets. The division between "Saeron" and Muqtada al-Sadr on the one hand, and the crowd factions on the other side about Al-Zarfi, means that the understandings reached between these parties as a result of the efforts made by Tehran, after the assassination of Qasim Soleimani to bring them closer and the reconciliation between Sadr, Khazali, Al-Kaabi and Al-Zaidi broken. This will reflect negatively on the efforts made by Iran to establish an Iraqi front to "resist" the American presence in Iraq, as it is assumed that this front will assume the process of confrontation with this presence and work to get it out not only from Iraq, but from all of West Asia. In the event that the factions and forces that refuse to assign Al-Zarfi do not read the situation and developments, and if Al-Zarfi gets enough votes to pass his government in front of Parliament, it will contribute to removing itself from the political game inside the government, and will force itself to be in the opposition and thus establish a new stage May complicate the mechanism of its return to power in the future, especially as the Iraqi street holds it responsible for the decline suffered by Iraq, as well as its involvement in financial, administrative, economic, and even security and military corruption. The opposition to these factions will remain within the framework of the Shiite forces, and will only expand to include only individuals from other components, which places the Iranian investment in these forces into question, because it may be unable to impose the equation that Tehran desires, and therefore it may be established to besiege this role and retreat Influence in favor of opponents and opponents. It can be said that the Shiite factions and forces allied with Iran have moved to a new stage of role and influence that is different from previous years, and Tehran must admit that the accumulation of direct mistakes or those made by these allies ended in this result of political and popular retreat, and that the next stage You will put it with these forces in front of one of two options, either going to blow up the Iraqi arena and thwart the process of forming the government even if it was through arms, or you have an unprecedented level of pragmatism by bowing to the stage and passing it and trying to reduce losses by opening the door of dialogue with the president It is charged with obtaining a share in the Authority, ensuring that its allies do not leave or be excluded. The equation that Soleimani tried to confirm after naming the three presidencies more than a year ago, with the victory of the Iranian option in Iraq over the American option and that Tehran achieved a result of 3 to zero in the battle of the presidencies between it and Washington, is an equation that is not valid anymore, after the options adopted by the President of the Republic And, most recently, the adoption of al-Zarfi’s nomination, while Parliament Speaker Muhammad al-Halbousi made many signals in his desire to get rid of the Iranian influence within the framework of establishing his leadership within the Sunni component, and his need for Arab depth in this framework. Therefore, it seems that the American player has made clear progress in efforts to limit the Iranian role and influence in Iraq, and US Secretary of State Mike Pompeo did not hesitate to hasten to welcome "caution". https://www.independentarabia.com/node/103476/%D8%A2%D8%B1%D8%A7%D8%A1/%D9%88%D8%A7%D8%B4%D9%86%D8%B7%D9%86-%D8%AA%D8%B3%D8%AA%D9%83%D9%85%D9%84-%D8%AA%D9%81%D8%B1%D9%8A%D8%BA-%D8%A7%D9%84%D8%A7%D9%86%D8%AA%D8%B5%D8%A7%D8%B1-%D8%A7%D9%84%D8%A5%D9%8A%D8%B1%D8%A7%D9%86%D9%8A-%D9%81%D9%8A-%D8%A7%D9%84%D8%B9%D8%B1%D8%A7%D9%82
    4 points
  27. Oh the Kurds will come around, all Al-Zarfi has to do is stop that welfare check to Kurdistan every month an they will gladly receive him. The whoreish Kurds are no better than the thieves running the GOI, it's all about the money. Oil is $24.00 a barrel which doesn't support the standard of living these crooks are accustomed to live, so they will be forced to accept anyone that can get a budget passed an get that honey hole back generating cash for them....
    4 points
  28. Hopefully the IMF and the World Bank will tell them to go pound sand. If all their leaders and GOI members each gave up $300,000 of their own money they would save their country.
    4 points
  29. Thanks for sharing, GregHi...It's much appreciated Best
    4 points
  30. No problem guys!! Any little bit of info I can pass along might help us all to get a better understanding of how they are actually thinking..
    4 points
  31. Brings me back to many articles where the dollar will be in a basket of currencies and will have the Lions share of the basket!! This will go very well when the gcc gets their currency going which includes the dinar and joins this basket.
    4 points
  32. 3-19-20 S&P 500 Daily Chart We took out the Dec 2018 low yesterday and got a nice bounce. You should be able to see on the Chart above that we have found a short term bottom. Will it hold? Should we buy for a long term investment or even for a 2-3 year window. I traded today’s action and I saw a lot of people nibbling. I traded Uber for a leveraged play and Starbucks for a solid run. I almost bought Chevron for a 2-3 year hold but decided not to try to Swing Trade just yet. My Gold plays that didn’t work last week are fresh in my mind. It is a very Volatile environment. Best to let the big boys figure it out unless you like to gamble a little bit. I will wait for the longer term trade. This current pattern looks like a rest or consolidation to me. I believe as more tests are administrated and the infected rate soars the market will go lower. I’m eyeing that 2016 low of around 1700-1800 as the next stop. Tomorrow is Quadruple Witching Day so expect some fierce selling of beat up companies and ferocious buying of good companies that will survive this crisis. Quad Witching is where the options expire and the big Funds rebalance. I’ve decided not to trade that volatile day and decided to drive home from my Gulf bungalow. It’s been a great week but I’m ready to get back home. I circled a few few things on the chart to watch. 1.Above the chart is the RSI indicator. I look for that to be around 45-50 before I start Swing Trades. Sitting ar 33 we aren’t ready to go Long yet imo. If you are a Day Trader you will find plenty to trade tomorrow but please don’t ever start a Swing on Friday’s unless you had a good trade and leave a few shares behind (on the house). 2. I didn’t circle the moving averages but the 50 sma is getting dangerously close to crossing the 200 sma. ( simple moving average). The 50 EMA is already on the 200 EMA. Keep an eye on this. Best case scenario is for the 50 to kiss the 200 and start going back up away from the 200. A cross ans continuous down movement is the Death Cross and signals more pain. 3. I already talked about the current Price. It looks stable for now. Hopefully it holds. 4. Below the chart is the MACD. When you see the dark line cross the red line you will probably know it’s time to consider a buy. You don’t need to be the first one in so just because it crosses doesn’t mean go all in. When you do buy filter in. We have come a long way down in 4 weeks. 3 years of uptrend erased in 4 weeks!!!!! That’s never happened before. Expect some ferocious up swings that are trade-able but just beware there could be equally big drops on bad news. We have already seen some of this action. I read today that some major Hedge Funds are selling into the rallies dumping to obtain cash. Some of those bigger boys are playing 13 x leverage, which means they are margined to the top and probably got margin calls. I find that hard to believe that they held but some of those guys hold no matter what. Those that held are getting creamed. This Crisis is in the 2nd inning in my mind. The uncertainty of the duration of the CV and the shut down of the economy as people are quarantined makes this a disaster in the making for our economy. Buckle up and be safe.
    4 points
  33. Yes it happened before but too many things are lining up. Read above
    4 points
  34. Thank you so much GregHi for the inside tidbits. And thank your friend for us.
    4 points
  35. Since we haven't had a good bank story in a while I will make one up.....I heard that the banks were going to have mobile exchange/hot dog trucks located in selected box store parking lots. We will be able to drive thru...get a hot dog, and a wad of cash at the same time.
    4 points
  36. 3-19-2020 Intel Guru Frank26 Al-Zurfi...This man has been with us for over 16 years. He was one of the very first people who went in with the coalition forces. He is American educated. He has dual citizenship. Iraqi and American...he speaks English fluently...100% totally against Iran and Syria...if for some reason he does not step up to the plate as a prime minister and swing for a home run for the citizens and the United States of America - next up. Yes it's that simple...the United States of America will simply say batter up...the United States of America picked Zurfi from a long list of names to work with the citizens and Donald Trump...if for some reason Zurfi acts incorrectly - BOOM within 1 or 2 days he will be replaced. You can now see the pattern...
    4 points
  37. Blowing it out his @ss because his mouth knows better. Starr
    4 points
  38. Spoke a little bit more tonight with my friend. He said he first met the new PM when he was a teacher and then later as he was a translator and the new PM was with the CPA, he got to know him because he worked with him often. As a matter of fact, the new PM would ask for my friend to be present in the meetings because he trusted him more than others. The new PM does know both Arabic and English according to my friend.. I jokingly said he needs to go back home and talk to his old friend about getting a job in the parliament.. lol he just laughed..
    4 points
  39. 3 points
  40. You too LGD. Trying times but we WILL get through this . Thoughts and prayers for everyone!!!
    3 points
  41. 😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂Just thought I'd drop this here
    3 points
  42. https://oilprice.com/Energy/Crude-Oil/OPEC-Scraps-Meeting-As-Oil-War-Heats-Up.html OPEC+ Scraps Meeting As Oil War Heats Up By Tsvetana Paraskova - Mar 16, 2020, 11:00 AM CDT Attempts by some OPEC members to mediate between the cartel’s leader, Saudi Arabia, and Russia have failed and this Wednesday’s meeting of an OPEC+ technical committee has been scrapped amid the “full on war” between the friends turned foes, sources told Reuterson Monday. The meeting of the Joint Technical Committee (JTC) of OPEC and non-OPEC countries, which monitors the oil market and producers’ compliance with quotas, was scheduled to take place on March 18. But after the collapse of the OPEC+ production cut deal on March 6, reports started circulating that the previously scheduled meeting of the technical panel would not take place. OPEC’s top producer and de facto leader, Saudi Arabia, signaled as early as last week that it would not attend the panel meeting, regardless of its format, a source told Reuters last week. There were ideas that the meeting could be a teleconference considering the spreading of the coronavirus in Europe and Austria, home of the OPEC headquarters in Vienna. After Saudi Arabia and Russia broke up their three-year-long bromance and started an oil price war for shares in all regional markets, any mediation attempts in recent days have failed as the two sides are not backing down, according to Reuters’ sources. It’s a “full on war”, a source told Reuters about the price war. OPEC members Saudi Arabia and the United Arab Emirates (UAE) are flooding the oversupplied market with oil, going for Russia’s market share, while Russian oil firms also plan to boost production as of April 1. Russia’s President Vladimir Putin doesn’t have immediate plans to contact either the Crown Prince or the King of Saudi Arabia, the Kremlin spokesman Dmitry Peskov said on Monday, as carried by TASS. This could be another sign that mediation between the two oil powerhouses may be nearly impossible right now.
    3 points
  43. That was a quote from what synopsis posted. In other words Sanders ain’t going to smell the Democratic nomination. My point was he’s about 2 weeks late with the post. And so it makes the post dead wrong. And my meds are fine.
    3 points


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