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Showing content with the highest reputation on 12/02/2021 in all areas

  1. Remember, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... RON ** Pimpy Finally...so far it looks like it's over. The electoral commission has announced its results. Not very much has changed. Sadr is still the big dog in charge of everything...Sadr is somewhat similar to Trump. He's a nationalist...what that means is somebody who believes in and supports his own country before other countries...he wants the United States out of his country because he believes they are occupiers. This also puts him at ends with Iran ...he doesn't want Iran 's two cents in his country either...Sadr is a hard guy to read. He could be a good guy or a bad guy. I'm curious to see what kind of government he is going to establish. Let's hope Kazemi is a part of it and they can get back on track and continue what they started... ** Frank26 The government of Iraq is talking about the exchange rate. The Central Bank of Iraq is talking about the budget... shouldn't it be the other way around? It's not because they are raising the value of their currency...the government of Iraq is interested in the exchange rate for the budget and the CBI is interested in the budget because they need to give them the exchange rate. ** Adam Montana It's not often I agree with Kaperoni, but this time he has a point. Funny thing is...there is no overnight RV, this has been building for some time. Those of us here a while now already know this hasn't been an overnight process. But one night soon... just watch. [Reference Kaperoni post 11-30-21] This was taken from another site that follows ADAM's comments and posts snippets from them. It was taken from Tuesday Night Opinions @ 11:33 PM CST - 11/30/2021 ** MilitiaMan My sources, specifically talk about that they are being taught about a new exchange rate. They are being taught that they're going to reform and do these things for the citizens and bring purchasing power. There's articles that even brought it up this weekend directly saying what we're doing will create purchasing power for the citizens... ** Mnt Goat ...Yes, November is gone and still no RV, just as I told everyone to wait and watch for early January 2022...The Iraqi news channels are all talking about the dinar and the revaluation. So much news in this area of concern I can hardly read it all...But like I said before, we must be real and ask ourselves if they are just talking about bringing back the pre-December program rate or a full blown reinstatement with the rate on FOREX that we want to see (around $4.81ish)? So far, I am told it is the later of the two and so we move ahead into early 2022 very soon to see what happens. ** Frank26 [Firefly boots-on-the-ground Iraqi TV update] FIREFLY: They go into talking to us about the 2022 budget. They say to be addressed and passed in early 2022. He's saying that the budget will be the center on projects of all our reforms and then the CBI in early 2022 we'll review the exchange rate too. Saying both will walk hand in hand. FRANK: Mustafa the Governor of the Central Bank, the only guy that can touch the exchange rate just told you that both the exchange rate and the budget are going to walk hand in hand? Yes sir! ...Your country is going to be one of the powerhouses of the world..[Post 1 of 2].. ** Frank26 [Firefly boots-on-the-ground Iraqi TV update Continued] FRANK: It's stupid to think that they are going to do it in the first part of next year. They're going to implement it in the first part of next year. Because how are they going to open the budget on January 1st without the new exchange rate being exposed? That's why they are very soon to show you the new small category notes and then shortly after that or in conjunction with that they will show you the new exchange rate. That's why they're educating you right now about what they're going to do with the new exchange rate and this new currency. The new exchange rate belongs to the CBI and the GOI..[Post 2 of 2]..
    14 points
  2. Remember, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... RON ** Pimpy We're just waiting for the courts to ratify the election so that Sadr could continue working on developing this government. So, so far so good. It's looking like things are falling into place. We really want to see Al-Kazemi in there. I'd love to see him continue to do the great work that he's doing and do what it takes to make sure that Iraq is back on track and their people are prospering. ** Frank26 [Firefly boots-on-the-ground Iraqi TV update] Firefly: They just told us all foreign troops including the United States of America troops will all be gone from Iraq... They told us the reason why everyone's leaving is because we have full sovereignty. FRANK: Wow..! Stop and think about it the only way that you could raise the value of your currency is if you had security and stability. We talked about it...Dr. Shabibi talked about it...
    9 points
  3. Remember, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... RON *** Mnt Goat Article: "THE MINISTER OF FINANCE REVEALS THE POSITION OF THE INTERNATIONAL COMMUNITY ON CHANGING THE PRICE OF THE DOLLAR AND PROMISES ABOUT THE 2022 BUDGET" Everything I am hearing and seeing in the news from Iraq is now telling me that there is a very good opportunity to reinstate the dinar in early 2022 with possibly the project to delete the zeros in mid to late December 2021. Yes, it is looking real good..!
    8 points
  4. I guess keeping Malarki involved goes with the saying……keep your enemies close !
    8 points
  5. Big meeting of the “ Shiite House “ .... I can’t be the only one here who caught this.
    8 points
  6. Yep, must have been the Minister of Finance responsible for the collapse of the Turkish Lira. “ Yip “ just woke up one day and said, WTF ??? That’s how it works in a dictatorship, huh. It’s everyone else’s fault. Hang on, isn’t that what’s going on in the good ole USA right now ? OMG ! WTF ! ( slaps both sides of his great big horsey head with both hooves, doing his best Home Alone impersonation ). Of course here you NOW only need to have the IQ of a boiled potato to become POTUS...consequently, the designation given to leader of the USA & The “ Free World “ is Dicktater. ...probably gonna get some backlash hate for this - lol. Again, don’t care about your feelings snowflakes.
    7 points
  7. Right up there with babysitting watermelons ... may the Swartz be with us.
    7 points
  8. ( IQD Rates - Updated: Thursday - 12/02/2021 Official Central Bank of Iraq (CBI) Dinar Rate: 1460 IQD to 1 USD Dinar Market Rate: (CBI last reported 8/11/2021) ** Still No Change Noted on CBI.IQ ** 1478.744 IQD to 1 USD - Rates Are Within IMF 2% Rule: YES... (Rate is at 1.28383%) Started 16 June. - Are Rates IMF 2% Rule Compliant for 90 Days: YES -- "169" days in compliance..! Have a Blessed Thursday Everyone - GOD is Good & Faithful..! RON
    7 points
  9. Remember, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... RON ** Mnt Goat ARTICLE: "CAN THE DOLLAR EXCHANGE RATE RETURN TO THE PREVIOUS ONE IN THE NEAR FUTURE?" Again economist Antoine is still talking about floating the dinar on the program rate and not reinstating it. Yes, they do realize you can not float the dinar on the program rate just inside Iraq . It must be liberalized and float on the global markets, thus FOREX and other currency exchanges. This is the CBI plan to do this. So, these articles, like this one, are just more rhetoric from economists who do not know the overall long-term plan for the dinar. The long-term however, is now here. ** Holly ...From Iraq News... Kuwait confirms receiving $1.47 billion in war compensation from Iraq ... After 40 days of polling, the announcement of the final results of the Iraqi parliamentary elections The Sadrist bloc topped the final election results by obtaining 73 seats, (My understanding is that Iraq had to finish paying Kuwait before they could revalue - to be article 8 compliant. And now that The Sadrist has been announced as the winner, hopefully Kazemi is being considered.)
    7 points
  10. I understand they want us out, but I don't think that is going to happen. For their protection, and our security of the middle east, we will probably keep our bases there. Although, Mr. Biden (not my president), will probably give everything to them, just like Afghanistan. Probably leave all our military equipment to Iraq also. We have invested a lot of money, and lives to save them from Saddam Hussein. All they need to do is revalue their currency, and we will at least be reimbursed for the money. Can never be reimbursed for the american lives we lost. My soap box for the day!
    6 points
  11. I am glad that Sadr hates Malarki and that is why he sat in the corner with his hands folded. I know this sounds awful but where's a rocket when you need it most? Problem solved Thanks Yota
    6 points
  12. And if not we ARE SCREWED!!!
    6 points
  13. goldwinger57, what he's saying is true - but, where he is in error is that they have more than oil - they have huge natural gas deposits, mineral deposits, cultural items, tourism of ancient sites & antiquities...
    5 points
  14. It is probably down to 6%
    5 points
  15. I'm shocked they didn't have the Iranian flag in the background instead of the Iraqi flag seeing that they are all there loyal to Iran in that meeting.
    5 points
  16. I'm with you. Gold, silver, real estate. I'd rather buy a house to upgrade and flip. At least I am in control. The stock market has more thieves than prisons in this country.
    5 points
  17. From one ape to another. Im holding out till the end, no more eating scraps. We shall call this place, "The planet of the apes", oooohhoohhhhhhahhhhahaaaaaaaa$#@€÷∆%°√🐵
    5 points
  18. uncle confirmation December 01, 2021
    5 points
  19. I came here this morning to cheer everyone up by pointing out that the Market appears to be crashing. But your post from Reddit is exactly 💯 what everyone needs to read. It's too early to tell but the Market in general is not having a good week. And if this continues the Hedgies are going to be Margin Called. Consider this, it's been reported that Citadel only has 10 billion to play with before a Margin call. How low do any of us think the Market can go before Citadel is done? I believe that now is the time we're all gonna find out if the margin call statute will be enforceed. And if it is we're going to make a lot of currency. When that happens I'm running from the Stock Market as fast as I can. And buying a Boat Load of Silver and Gold.
    5 points
  20. From Powerball-MegaMillions.com; POWERBALL RESULTS Wednesday December 1st 2021 12 15 38 57 63 24 POWER PLAY: ×2 Congratulations Nannab and Poker Player! Each of you matched tonight's powerball #24! Sorry; We had no other winning matches.
    5 points
  21. 5 min read https://www.givehim15.com/post/december-1-2021 December 1, 2021 The Most Important Supreme Court Case in Decades Flying the American flag upside down - when done for the right reasons - is an officially recognized signal of danger and distress; it is not a sign of disrespect. America is now in one of the most alarming seasons of her history, with decisions being made that have and could continue to undo two and a half centuries of blessing. Our moral decline, antichrist laws, humanistic culture and godless leaders have brought us to the point where we need to be resurrected, not just resuscitated. Much of the destruction began in the 1960s and originated in the American judiciary branch, including the Supreme Court. Interestingly, this was “prophesied” by Thomas Jefferson, whose greatest fear regarding America’s future was the authority taken by the courts, which he declared that the Constitution—which he helped draft!—had not given them. In 1821 he declared, “The germ of dissolution of our federal government is in the federal judiciary. An irresponsible body, working like gravity by night and by day, gaining a little today and a little tomorrow, and advancing its noiseless step like a thief over the field of jurisdiction until all shall be usurped from the states.”(1) Incredibly strong language. One is reminded of Paul’s words in Galatians 5:9: “a little leaven leaveneth the whole lump.” The founders of our government never intended for the Supreme Court to be the supreme branch of our government. Nowhere does our Constitution give them authority over the Executive and Legislative branches. In fact, they did not even have their own building until 1935; they met in the Capitol. Nine unelected men and women ruling our nation in the way the Supreme Court now does has resulted in “a despotic branch”(2) in whose hands the Constitution has become a “thing of wax,”(3) as warned by Jefferson 200 years ago. One of their own, the late Justice Antonin Scalia, called his colleagues “black-robed masters,” going on to say that “the Court has essentially liberated itself from the text of the Constitution…and from the traditions of the American people.” Scalia went on to state clearly that the Constitution “is not a living organism” as the liberals like to state when twisting its meaning into what they want it to say.(4) One of today’s liberal Federal Judges, Richard Posner, no longer sees the need to twist the Constitution’s meaning in order to make his warped rulings. He simply admits that to him, and many other judges and attorneys today, the Constitution is irrelevant. “I see absolutely no value to a judge of spending decades, years, months, weeks, days, hours, minutes, or seconds studying the Constitution, the history of its enactment, its amendments, and its implementation…the original Constitution, the Bill of Rights, and the post-Civil War amendments (including the 14th), do not speak to today.” (After much criticism, Posner later backed off from this ridiculous comment.)(5) If you’re wondering where in the Constitution judges found the removing of prayer from schools, abortion rights, the redefining of marriage and other liberal positions, the answer is simple: they didn’t. They simply legislated from the bench, according to their own desires and ideals. Today, the Supreme Court is hearing a case that could overturn Roe versus Wade, the evil ruling that has resulted in more than 60 million babies being killed in their mother’s womb. It is America’s greatest failure and shame. As Jefferson warned, the “noiseless step” has advanced until we now kill babies that survive abortions, after which we sell their body parts. The left rabidly defends all of this. If the Court rules once again for death, let it not be because we did not do our part to pray. Cry out on behalf of the babies! Ask Holy Spirit to put heavenly pressure on the Justices to vote for life. Re-read yesterday‘s post and, using its suggestions, pray for the attorneys and Justices. Listen to Holy Spirit and pray as He leads you. I leave you with a quote from the Supreme Court affirming that America is a Christian nation. Pray that this mindset one day returns to the Court. “In 1892, in the case of Church of the Holy Trinity v. The United States, the U.S. Supreme Court declared that: ‘Our laws and institutions must necessarily be based upon the teachings of the Redeemer of mankind. It is impossible that it should be otherwise; and in this sense and to this extent, our civilization and our institutions are emphatically Christian...This is historically true. From the discovery of this continent to the present hour, there is a single voice making this affirmation...that this is a Christian nation. We are founded to legislate, propagate, and secure Christianity.’ (6) “Again in 1947, the Court said ‘we are a religious people and our laws presuppose’ the existence of God. The Court upheld our national motto as constitutional in 1979 (In God We Trust), as well as having paid chaplains in the Legislative branch of government in 1983.”(7) Don’t give up on America! Pray with me: Father, we ask You to move on the hearts of five or more Justices as they think and deliberate, bending their will toward You and the babies. Shift thinking where it is necessary, silence voices that need to be silenced, give favor to those that need favor. Speak to them in any way necessary to turn their hearts and minds to the appropriate ruling. Obviously, they hold a live hearing, but much of their information will be taken from the written Briefs. Speak through these writings. We ask You to anoint the words of the pro-life Briefs with fire from Holy Spirit. We ask that the pro-death attorneys’ words be as the prophets of Baal, that their words will have no power. We pray for the verbal arguments of the pro-life attorneys in this case. We ask You to give them brilliance, wisdom, and excellent choices of wording. We ask that confusion, errors, and disjointed language come to the pro-abortion attorneys. We ask for a very literal anointing of the Holy Spirit to be present in the courtroom when this case is heard, that Your presence be in the room, Holy Spirit. Please give us a reversal of the insidious ruling, Roe vs Wade, and break its hold off of this nation. Our decree: We decree that the covenant of death is broken off of America! ******************************** “For you have said, ‘We have made a covenant with death and a pact with the underworld, so when the overwhelming scourge sweeps over us, it will not harm us. For we have made lies our refuge and find our shelter in falsehood.’ Here’s what the Lord God says: ‘Behold, I set in place in Zion a Foundation Stone, fully tested and proven to be faithful and secure. And written upon this precious cornerstone is this: “Those who trust in Him will not act in haste.” I will set justice as the true measurement and integrity, its plumb line. My hailstorm will sweep away your refuge of lies, and My floodwaters will overwhelm your hiding place. Then your covenant with death will be annulled and your pact with the underworld will not stand. And when the overwhelming scourge sweeps over you, it will sweep you away!’” (Isaiah 28-15-18, TPT) Click on the link below to watch the full video. _________________________________ http://www.knowsouthernhistory.net/Quotes/thomas_jefferson.html http://www.robgagnon.net/JeffersonOnJudicialTyranny.htm Ibid. https://www.wilsoncenter.org/article/constitutional-interpretation https://www.abajournal.com/news/article/posner_apologizes_says_his_controversial_comments_were_about_a_living_const The Rebirth of America, Arthur S. DeMoss Foundation, 1986, p 21. Mark A. Beliles and Stephen K. McDowell, America’s Providential History (Charlottesville, VA: The Providence Foundation, 1991, p. 178.
    5 points
  22. Looking good “ Yip “ !!!! Keep it up, prosperity is right around the corner..... what a Dumb Azz. A Turkey for Turkey...pretty priceless huh.
    5 points
  23. The only reason I say that is the $billions in dollars are going TO Kuwait. It would make sense they would equate it to the value of their Dinar in the article. I have a good feeling Iraq will do something big very soon. So many things seem to be lining up all at the same time.
    5 points
  24. Interesting 🧐 This caught my attention too. Go Dinar Go former glory Go $3+
    5 points
  25. From the throat of the goat... she's negotiating directly to the CBI on our behalf, to get us the very best rates.
    4 points
  26. It won't be the first time!? Enron ... the banks (2008) ... the whole unregulated crypto market now. But, it is a righteous fight against the crony capitalists and crony capitalism stealing from us: we the people. I have a lot on the line, here, but I am all in on the fight. Fork these thieving mofoz!
    4 points
  27. According to prevailing norms, the ratification of the election results within 10 days Thursday 02 December 2021 373 Baghdad: Omar Abdul Latif When writing the constitution, the legislator neglected to set a time limit for the Federal Court's approval of the election results, but expectations indicate that the next week will witness its passage, in light of exceptions that may threaten some winners of parliament membership due to the presence of lawsuits against them. Electoral researcher Rafid al-Zaidi told Al-Sabah that Article 92 of the constitution specified the mechanism for forming the Federal Court, while Article 93 specified its duties, including ratification of the results of the parliamentary elections as a national matter that concerns all Iraqis. Al-Zaidi added that the constitutional article did not specify a time to ratify the results, but through previous experiences it is not expected that it will be delayed more than a week or 10 days because the function of the Federal Court is to ratify only. Al-Zaidi promised that the requests of some political blocs to cancel the elections are unconstitutional and illegal, explaining that the Federal Court does not have the authority to cancel the elections and its role is only to certify the results or not. He added that after the ratification, the President of the Republic invites the House of Representatives to meet within 15 days, and in the session, the Speaker and his two deputies must be elected. Results. Al-Zaidi suggested that the court would exclude a number of the winning names from ratification due to the existence of pending and judicially unresolved lawsuits against them, as happened in the 2014 elections, stressing the need for the representative to be not required by any judicial authority when entering the House of Representatives and that his position be sound in terms of Legal.
    4 points
  28. Thanks Yota. If you read it carefully you can see the MNN, the Maliki News Network had a hand in this. Maliki is in the corner looking subservient with his hands folded. In the video, Sadr barely acknowledged Maliki. The Shiites want to be included but there was no talk on formation or who will be picked. Yeah right.
    4 points
  29. Member of the Law: The meeting of Shiite forces will avoid discussing 3 matters Time: 02/12/2021 13:05:29 Reading: 1,716 times {Political: Al Furat News} A member of the State of Law coalition revealed that the meeting of the coordination framework in the presence of the leaders of the Shiite forces will not "deal with positions or the formation of the largest bloc." Wael Al-Rikabi told {Euphrates News} that "the dialogue will bring about a good political atmosphere, and there is no truth in any news about the nomination of names for certain positions or the formation of the largest bloc." And he indicated, "The meeting will include defining the paths for a political process that is far from blockages, and there will be no talk about positions or government formation as much as it is to contain the situation and bring the views closer." The meeting of the coordination framework and the leaders of the Shiite forces had held its meeting a while ago at the house of the head of the Al-Fateh Alliance Hadi Al-Amiri and in the presence of Mr. Al-Hakim. Raghad Daham
    4 points
  30. "the Sovereign Energy Fund project is one of the most important projects that were discussed due to its importance and objectives, which revolve around achieving justice in the distribution of revenues from oil and gas, and how"
    4 points
  31. ( IQD Rates - Updated: Wednesday - 12/01/2021 Official Central Bank of Iraq (CBI) Dinar Rate: 1460 IQD to 1 USD Dinar Market Rate: (CBI last reported 8/11/2021) ** Still No Change Noted on CBI.IQ ** 1478.744 IQD to 1 USD - Rates Are Within IMF 2% Rule: YES... (Rate is at 1.28383%) Started 16 June. - Are Rates IMF 2% Rule Compliant for 90 Days: YES -- "168" days in compliance..! Have a Blessed Day Everyone - GOD is Good & Faithful..! RON
    4 points
  32. A leader in law: Today's meeting will be key to solving many problems, but not in one session Time: 02/12/2021 12:30:36 Reading: 858 times {Political: Al Furat News} A member of the State of Law coalition expected that Thursday's meeting between the forces of the coordination framework and the leader of the Sadrist movement, Muqtada al-Sadr, "a key to all many problems." Kati' al-Rikabi told {Euphrates News}: "The meeting of Mr. al-Sadr and the coordination framework today will include many matters, the most prominent of which will be the key to solving some political problems." He added, "It is possible that there will be discussions of a number of related issues that need communication, paving the way for things and filling in the blanks." Al-Rikabi stressed that "it is not possible to solve these matters in one session, but the meeting and meeting will be a gesture and the right step from which we hope to reach realistic solutions." It is noteworthy that informed sources reported that the meeting of the coordination framework, in the presence of Mr. Al-Sadr, will be held at the home of the head of the Al-Fateh Alliance Hadi Al-Amiri at exactly one o'clock this afternoon, and it will be attended by the head of the National State Forces Alliance, Mr. Al-Hakim.
    3 points
  33. I have been in this since 2009, and every year they talk about the rate will show up in the budget. I doubt that will be the case this year either. First the HCL...then the rate....then they will adjust the budget. JMHO!
    3 points
  34. The Governor of the Central Bank of Iraq meets the Minister of Youth and Sports December 01, 2021
    3 points
  35. And speaking of weird translations … 🥸
    3 points
  36. Najaf's veto and Al-Kazemi's fortunes are on the table... the winning forces start the government formation marathon 2021-12-01 13:05 Shafaq News / The Sadrist bloc led by Muqtada al-Sadr started a new round of serious dialogues with the winning forces with the highest number of parliamentary seats in the elections that took place on the tenth of last October, to agree on forming the government and defining its features after the official hierarchy of the winning forces was confirmed according to the results. Final announced by the Electoral Commission. Dialogues and understandings A private source told Shafaq News Agency, "The Sadrist bloc (73 seats) has started its serious negotiation round with the other winning forces, the Alliance of Progress (37 seats), and the Kurdistan Democratic Party (31 seats) to form the next government." The source added, "The Electoral Commission's announcement of the final results was a declaration to start dialogues and understandings regarding the formation of the next government," noting that "the Sadrist bloc has officially started its dialogues with the Progress Alliance, and similar dialogues with the Kurdistan Democratic Party will follow, and the State of Law coalition may join them after an agreement The two sides agree on the mechanism of dialogue or understandings within the ceiling or determinants of the next state. He continued, "Those dialogues are taking place in complete secrecy without being officially announced, until the Federal Court ratifies the results, which may be issued within a few days," noting that "the objection to the election results was satisfied this time with the escalatory statement and they will wait for the approval of the results." coordination framework Regarding the uniqueness of the parties to the coordination framework (each separately) with statements denouncing the work of the Electoral Commission and challenging the final results, the source pointed out, “The leaders of the framework granted the forces affiliated with it freedom of movement or freedom from the constraints of the alliance or framework and in proportion to their electoral entitlement, their weight in the street and their space within the political map for the country.” Al-Kazemi Regarding the possibility of renewing the mandate of the caretaker prime minister, Mustafa Al-Kazemi, the source said, "It is very possible to restore confidence in Al-Kazemi, as his fortunes have risen a lot during the past days after he dealt with impartiality and high courtesy with the demonstrators or sit-ins at the entrances to the green." He noted that "his failed assassination, in addition to revealing the results of the investigations, albeit a formality, holding the elections on time and announcing the preliminary and final results within a short time frame, all of these matters increased his chances and were calculated in his favour." Veto Najaf And the source added: “There is a veto from Najaf on all previous governments and prevents them from re-acquiring power, but if the person (Al-Kazemi) is agreed politically, Najaf will not mind that because it seeks to pass the crisis peacefully as it is not a political party, especially if the forces of A politician who did not reap the expected number of seats, on gains that guarantee her permanence. He added, "Najaf seeks and desires to find or form a government of services to improve the service situation of the country, and whoever adopts the next prime minister will be the biggest loser, as it is deducted from his share in the sovereign ministries." Regarding the dispersal of the sit-ins by supporters of the forces rejecting the election results, the source said: "If these forces do not obtain ministries that correspond to their ambitions, there will inevitably be an escalation and vice versa." Yesterday, Tuesday, the commission announced the final results of the elections, as the Sadrist bloc topped the results by obtaining 73 seats, while the "Progress" coalition led by Muhammad al-Halbousi won 37 seats, and the State of Law coalition led by Nuri al-Maliki won 33 seats. The Kurdistan Democratic Party won 31 seats, while the Al-Fateh Alliance led by the Secretary-General of Badr Organization Hadi al-Amiri and the Kurdistan Alliance won 17 seats.
    3 points
  37. Fact-finding on the "green" events: No orders to break up the demonstrations Thursday 02 December 2021 214 Baghdad: morning The Fact-Finding Committee on the events of the Green Zone demonstrations referred the investigation papers to the Judicial Council, and while it pointed out that the final word on the events would be given to the Council, it indicated that the Popular Mobilization Units played an important role in the calm. The committee stated, in a press conference followed by "Al-Sabah", that "we recorded more than 200 testimonies regarding the events in the vicinity of Al-Khadra", pointing out that "photos and surveillance cameras near the area were used." events". The committee concluded facts that there were no orders regarding the dispersal of the demonstrations, in addition to the absence of any evidence or orders to burn the demonstrators' tents, explaining that "the events around the Green Zone recorded the martyrdom of two demonstrators." The Prime Minister, Commander-in-Chief of the Armed Forces, Mustafa Al-Kazemi, had ordered the formation of a higher investigation committee that included the security of the Popular Mobilization Forces to look into the events that took place in the demonstrations around the Green Zone.
    3 points
  38. After the historic collapse of the lira.. Erdogan dismisses the Minister of Finance l 15 hours ago Agencies - Abu Dhabi Turkish President Recep Tayyip Erdogan Turkish President Recep Tayyip Erdogan has dismissed Finance Minister Lutfi Elvan and appointed his successor, Nureddin Nabati. Al-Nabati had published a controversial tweet on his Twitter account, indicating that Elvan would be dismissed and that he would take over the position in his place . This comes at a time when the Turkish lira plunged to an all-time low of 14 against the dollar after Erdogan repeated his defense of a new economic model based on lower interest rates despite an inflation rate close to 20 percent . Erdogan had ordered an investigation into possible currency manipulation after the lira fell sharply to record lows against the dollar . Anadolu news agency reported that Erdogan has tasked the Government Oversight Board, an auditing body that reports to the presidency, to identify the institutions that have bought large amounts of foreign currency and to determine whether any manipulation has occurred . Savings plans to meet the requirements of life and the future /images/v2/2021/04/27/1433076/600/338/1-1433076.jpg The lira plunged to record lows, after Erdogan pledged to stick to a policy of cutting interest rates. The currency lost more than 45 percent of its value this year, and recorded about half of those losses during the past two weeks . During that speech, Erdogan said that his country was fighting an "economic war of independence" and would not yield to pressure to change course . "We are witnessing manipulation around the exchange rate, interest rates and price hikes by those who want to take our country out of the equation, " he added.
    3 points
  39. Al-Jubouri: The meeting of the leaders of the Shiite house is an important step to prevent escalation and expedite the formation of the citizenship government Time: 02/12/2021 13:32:21 Reading: 897 times {Political: Al-Furat News} The head of the National Jamahiriya Party, Ahmed Al-Jubouri (Abu Mazen) said that the meeting of the leaders of the Shiite house "is an important step to prevent escalation and expedite the formation of the citizenship government." Al-Jubouri said in a tweet on Twitter: "Responsible people are victorious for stability and the prevention of external choice with a national responsibility." He added, "Mr. Al-Sadr invokes the wisdom of history and appeals to Iraq and its people away from positions. The unity of the Shiite house ends betting on chaos, Iraq is victorious." The leaders of the Shiite forces met today in Baghdad at the house of the head of the Al-Fateh Alliance Hadi Al-Amiri, and in the presence of the head of the National State Forces Alliance, Mr. Al-Hakim. A member of the State of Law coalition, Wael Al-Rikabi, told {Euphrates News} that "the meeting will not discuss the nomination for positions, the formation of the largest bloc, or the formation of the next government," noting that "and between, "the meeting will include defining paths to proceed with a political process far from blockages and containing the situation approximation." Point of views".
    3 points
  40. An economic welcome to the idea of the "sovereign energy fund" Thursday 02 December 2021 Baghdad The economic community welcomed the government’s intention to establish the Sovereign Energy Fund, stressing the importance of the step in making great progress in electricity projects, and enabling this sector to meet all local needs, stressing the need to develop long and medium-term strategic plans for the project’s work, with the aim of achieving higher Positive results from it. The Sovereign Energy Fund is counting on covering the local need for electricity at the lowest cost, according to the Chairman of the Ministerial Council for Energy, Oil Minister Ihsan Abdul-Jabbar Ismail, who stressed "the importance of approving it to finance long-term investment projects in the energy sector, in support of the national economy and guaranteeing the rights of future generations." . revenue distribution A statement by the Ministry of Oil, received by Al-Sabah, stated that Abdul-Jabbar pointed out, during his presidency of the Energy Ministerial Council meeting, that "the Sovereign Energy Fund project is one of the most important projects that were discussed due to its importance and objectives, which revolve around achieving justice in the distribution of revenues from oil and gas, and how Its investment and development, through promising programs and projects, and clear plans commensurate with the great development in the world, including support for electric and renewable energy projects, and investment projects that aim to create clean, sustainable, environmentally friendly energy.” Sustainable development The minister explained, according to the statement, that "this fund would achieve sustainable development by financing and supporting long-term investment operations in the energy sector, as well as its importance in achieving flexibility in implementing energy plans and programs, and supporting and encouraging projects implemented by non-governmental sectors." . He pointed out that "one of the fund's objectives is also to work to provide and cover the local need for electrical energy at the lowest cost, and in accordance with sound environmental standards." Economy Welcome The government's move was welcomed by an economist, who praised the trend aimed at achieving "leaps in energy projects," as expressed by the economic affairs specialist, Aqil Al-Nouri, who stated that "the availability of funding represents the most important steps for implementing strategic projects that have a significant impact on the reality of the economy, including energy projects." Which the country needs quite a few of them to cover the growing demand for energy. Al-Nouri pointed out that "this approach would actually advance the energy sector and move it to a new and better phase that meets the aspirations of the country, which suffers from poor service supply of electric energy," noting that "these funds should be linked to a strategic plan that regulates the reality of energy, It requires the need to create a local capital cycle, and this helps in developing the country's reality in all production and service sectors." financial savings For his part, the economic expert, Duraid Mahmoud Al-Anazi, believes that this aspect is a “good option” if financial savings are found for it, provided that it is allocated to it from outside the current imports, due to the difficulty of deducting from the current imports for the urgent need in all sectors. https://alsabaah.iq/.../%D8%AA%D8%B1%D8%AD%D9%8A%D8%A8..
    3 points
  41. Fauci Calls for Testing of All People Coming into the Country — Except Illegal Border Crossers
    3 points
  42. The bots are trying to shake our bananas out of the trees, but they aint shaking me! Diamond hands!
    3 points
  43. Yeah, it’s a pity that both currencies are called dinar. More confusion. Although, as Longtimelurker pointed out, the math doesn’t add up …
    3 points
  44. After re-reading the article, I think you're correct👍
    3 points
  45. Or maybe Kuwait Dinar, which = $3.31 right now.
    3 points
  46. So how is it that when the interest rate of the US is lowered to near zero the USD is stronger, that when in Europe the rate is negative the Euro stays globally strong, but then when Turkey reduces their interest rate the TL becomes weaker? Looks to me like the systemic distribution of wealth the USD leverages as the world reserve currency has moved from the devaluation of South American currencies across the Atlantic Ocean landing in both Asia and Europe at once through Turkey. Even a child understands if there’s one full plate of cookies on the table that for one kid to get a mostly full plate of cookies the other kid gets less. BTC is going to transition to the world reserve currency. This will remove the elements of human nature while managing of human nature; the solution to removing corruption from established architectural systems. Anyways, back to the original question. Why the inverse relationship with respect to interest rates and currency value for Turkey? How does this work? Why is this presentation of market divergence in existence? I’m very intrigued.
    3 points


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