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Showing content with the highest reputation on 04/28/2023 in all areas

  1. “Al-Sudani's financial advisor explained, "The investment portfolio of the Central Bank of Iraq (which includes the country's foreign reserves of various currencies and gold) is managed according to the optimal global standard ratios, which are formed in the currencies of the dollar, the euro, the pound sterling, the Chinese yuan, the Japanese yen and gold." If Iraq foreign currency reserves are in Dollar, Euro, Yuan, Yen, the Pound Sterling and Gold. Is very posible the Dinar is going to be Peg to the same basket of currencies. Go Stronger Dinar $1+
    16 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... So, take everything with a grain of salt ... RON Militia Man Today we are heading towards open trade. That's huge... Article quote: "A statement received by the news today that customers of the Iraqi Trade Bank from Iraqi private sector companies can make foreign commercial transfers...to all countries of the world...through their accounts opened in Iraqi dinars." Powerful statement ...effectively international...Why didn't they do this 6 years ago? Goldilocks I just heard from our CBI Banker contact that the articles as of late are true. Iraq has been placed inside the Swift System and their Banks have been given the green light from the Trade Bank of Iraq to do foreign currency exchanges in their local banks. No rate has been cleared for takeoff just yet. Based on information I am still receiving daily from the banking system and CBI contact, I do not expect anything to happen this week. We are close. 4-27-2023 Intel Guru Frank26 Article quote: "Sudanese advisor: Foreign currency reserves are high, safe and at comfortable levels" THE NEW NATIONAL CURRENCY IS ASSET BACKED & POWERFUL!...THE MONETARY REFORM IS VERY COMFORTABLE WITH ALL THE BACKING OF THE NEW NATIONAL CURRENCY... Militia Man Article: "The price of the dollar against the dinar is at its lowest level in two years" The dinar is moving in the right direction. Clare Article quote: "The selling price of the dollar reached 141,000 dinars, but the purchase amounted to 139,000 dinars for every 100 dollars, which is the lowest level the dollar has reached to enter within the range of 1,300, since the price of the dollar was changed in late 2020 ." [NOTE: We want to continue to see the purchase amount of dinars for every U.S. dollar to go down. It's a good thing for dinar holders.] MarkZ …I talked with some folks in Iraq …They are telling me that not only is...everything is done…but they are now asset backed and just waiting to release their value. The information coming out of Iraq the last few hours was very positive... That they told me they are now asset backed …well, I am very excited about this news. Walkingstick The rate will only go up from the start. It will be a constant increase...they have been telling the Iraqi citizens your currency will have more value than the US dollar... they're putting out right now 1.5 to 1. That will be $0.67. I like that, and hope it is accurate, but we really don't know what that really means to the CBI or GOI..! RON Suzie We're getting all kinds of good news about the rate change coming soon, Iraqis' hold onto your dinars for the new value, etc., etc., but we're heading into May EID over, no pictures of the NSCN's yet and companies pouring into Iraq to do business, but...why and how companies would pour into Iraq IF they didn't know what the dinar's going to be worth?? ...If I was a contractor and bidding on jobs I would want to know my costs and how and what I'm going to be paid going into it or why would I want to do business? So...do they know something we don't, or...they could do the 1 to 1 with the stroke of a pen if they're really in that big a hurry to join the international world as they say they are. Mnt Goat ...we are moving very quickly to the end of this long RV saga. I only hope you are prepared ...about the amount of your investment in the dinar. Remember when they do change the rate there is no turning back as investors. You will NEVER get the IQD again for 1/6 of a penny and exchange it for upwards of $3 and some say the speculation could go as high as $9 before they cut it off on a managed float. I am told by my CBI contact they intend not to let it go crazy and over speculate as was done when the Kuwaiti dinar was reinstated.
    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... So, take everything with a grain of salt ... RON Mnt Goat I can hardly wait for them to roll out the newer lower denominations as this too will be our final sign that there is no turning back... ...the actions taken by the CBI since January you can clearly see, like me, that to this point there is really almost no turning back. Commitments are already going forward and the changes to reinstate at a revalue rate are in play. We just don’t know the date but we know it is coming and much sooner than later.
    7 points
  4. Here's an article from Dinarland... All Kinds Of Good News. Treat as a rumor. Not verified. Your opine. Suzie: All Kinds Of Good News. ARTICLE: We’re getting all kinds of good news about the rate change coming soon, Iraqis’ hold onto your dinars for the new value, etc., etc., but we’re heading into May EID over, no pictures of the nscn’s yet and companies pouring into Iraq to do business, but…why & how companies would pour into Iraq IF they didn’t know what the dinar’s going to be worth?? …If I was a contractor & bidding on jobs I would want to know my costs & how & what I’m going to be paid going into it or why would I want to do business? So…do they know something we don’t, or…they could do the 1 to 1 with the stroke of a pen if they’re really in that big a hurry to join the international world as they say they are.
    7 points
  5. Added @ 9:08 AM CDT: Mark's exaggerated rhetoric is on full display following: MarkZ I am still hearing it will be a re-instatement. I have also heard they are concerned that if it is a unmonitored float- similar to what Kuwait did- the rate will bounce all over the place. So I am hearing the plan is to go with a more solid rate…which in my opinion will put it well north of $4.00. This is just my opinion. .It would be nice if true, but remember Iraq & Kuwait are two totally different circumstances.
    6 points
  6. Parliamentary Legal: Parliament will approve the budget before the start of its legislative recess Parliamentary Legal: Parliament will approve the budget before the start of its legislative recess 2023-04-27 The Parliamentary Legal Committee resolved the controversy over approving the draft federal budget law in conjunction with the legislative recess of the House of Representatives. Committee member Representative Raed Al-Maliki said, in a press statement, that “the Parliamentary Finance Committee will proceed with joint meetings to host ministers and governors until the end of May, in order to complete the budget in its final form.” He added, “The legislative recess will start on the ninth of May, but the House of Representatives will extend its work for another month with the existence of the general budget, according to the internal system, and it will end approving the budget during the extension period before entering its legislative recess.” And he continued to say, “The changes that will affect the provisions of the budget law are related to paragraphs and items related to the financial side,” noting that “there are independent blocs and deputies who have reservations and observations. After approving the budget burathanews.com
    6 points
  7. fantastic Mr Saleh , after matching - reining in the black market to the official rate you can then move on to matching iraqs other currency the american dollar
    5 points
  8. Vietnam is "International".... Their currency has even less value than Iraq....despite being the 6th largest manufacturer in the World... Common thread.....both countries crossed mighty Uncle Sam.... It is little wonder that the World is fleeing the USD and the controlling hand of the mighty USA... CL
    5 points
  9. Here's another article related to the above... Tlm724 Administrator Bondlady’s Corner The CBI Launches A System Of Banking Supervision Reports. ARTICLE: The Central Bank of Iraq announced, on Thursday, the launch of the Banking Supervision Reporting System (BSRS). The bank stated in a statement, that “the new system will collect financial data from banks & non-bank financial institutions represented by (banks’ quarterly data tables, mandatory reserve reservation tables, trial balance tables for non-bank financial institutions, liquidity & capital adequacy tables & financial inclusion data), In addition to the data of the permanent record of each bank or non-banking financial institution approved by this bank & the unification of the database of codes for these banks, companies & their branches.
    5 points
  10. Here's another article from Dinarland... WalkingStick via Frank26: KTFA Talks About Rates. ARTICLE: The rate will only go up from the start. It will be a constant increase…they have been telling the Iraqi citizens your currency will have more value than the US Dollar… they’re putting out right now 1.5 to 1. That will be $0.67.
    4 points
  11. I feed the Raindeer too, when Santa comes. Remember the price of feed goes up from $13.50 for 50 lbs of cubes the 1st of May! Now we are looking at to over $16.00. For 50 lbs! I don’t know what I would have done, without the help of the DemoRats! With higher taxes and a 5% inflation rate. Don’t worry, just get used to seeing your money stolen and higher inflation for the next two years and beyond.The DemoRats have perfectly learned voter fraud and how to commit it and get away with it! JMHO 🤠
    4 points
  12. From the throat of the Goat. I must count all my chickens before they hatch. Baaaaa.
    4 points
  13. MAJOR FOREX EXPORTING COUNTRIES WILL NOT ACCEPT USD IN TRADE UNTIL ITS BACKED BY GOLD...in meawhile deals done with INDIA etc to assist.CHINA WILL NOT ACCEPT USD UNLESS GOLD BACKED....TRUMP in CONTROL!
    4 points
  14. 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... So, take everything with a grain of salt ... RON Samson Article: ”The Central Bank of Iraq launches the Banking Supervision Reporting System (BSRS)" Quote: "...the new system will collect financial data from banks and non-banking financial institutions represented by banks’ quarterly data tables, mandatory reserve reservation tables, and trial balance tables for non-banking financial institutions.” Kaperoni If the Iraqi dinar is ever going to go up in value it will do so as stated by the IMF several years ago in the Article IV Consultation stating that they encouraged Iraq to move to a flexible exchange rate policy...which would allow a predictable and gradual appreciation of the exchange rate... Militia Man The CBI announced today the BSRS (Banking Supervision Reporting System)...It's important is because ...the banks in Iraq...didn't have advanced technology. It was all pen and paper...and it was a mess...Now they have the whole system set up from the Central Bank of Iraq down to the banks and down to the branches. What that means is they have all the knowledge of all the currency inflow and outflow...In other words the central bank knows...how much currency inventory goes in the country and goes out of the country...they can account for all the money...The ability to account for currency and the inventory of it is phenomenal... Clare Article: "The Central Bank of Iraq launches the Banking Supervision Reporting System (BSRS)” Frank26 Article: "One week separates the dollar from stability at the parallel price of 132 thousand dinars". 1320 IS NEXT AND THEN 1100, IN MY OPINION.
    3 points
  15. Sadly the IQD is probably much stronger than the USD. Iraq doesn't carry the debt the US has... has greater percentage of reserves.. $140 billion...a great deal of natural resources....oil, gold etc...... and, unlike the US, they aren't trying to end oil production and mining.... Very sad..... CL
    3 points
  16. The U.S. already has laws passed to do bank bail ins! So does Canada, and Australia! Theft by legislation. Sq2
    3 points
  17. Too Right with a solid dose of sandbagging and a smooth side shuffle of foot dragging. After 20 years ( many of us had their number long ago ), they've become so predictable.
    3 points
  18. Here's another article related to the above... TNT via CandyKisses: Economist: The measures of the government and the Central Bank curbed the Dollar fever in Iraq. ARTICLE: Economist Bassem Antoine confirmed on Thursday that the measures of the government & the CBI curbed the fever of the rise in the exchange rates of the US Dollar against the Iraqi Dinar in the local market. Antoine said in a statement to a news agency, “The measures of the government of Muhammad Shia’a Al-Sudani & the CBI regarding the file of the Dollar’s exchange rate hike against the Dinar have taken their place in preserving the value of the local currency.”
    3 points
  19. Yup. The Rothchilds, the Bilderbergs & the Feds are in cahoots with the banks. They'll allow the bail-in go ahead & steal the people's money. In exchange the banks share in the windfall profits with the Feds & the Cabal. Then they blame it all on Russian hackers.
    3 points
  20. Soooooooo.......should I leave the front door unlocked or clean the chimney again?
    3 points
  21. The Civil Aviation Authority announces the facilitation of entry for travelers to Baghdad Airport, starting next Saturday Time: 04/26/2023 22:13:17 Read: 4,459 times {Local: Al Furat News} The Iraqi Civil Aviation Authority announced today, Wednesday, the facilitation of all procedures for the entry mechanism for travelers to Baghdad International Airport. And the head of the authority, Imad Abdel-Razzaq Al-Asadi, stated, in a statement, which {Euphrates News} received a copy of, that: “According to the directives of Prime Minister Muhammad Shia’ al-Sudani, the entry of travelers to Baghdad International Airport will be facilitated, starting from the date of April 29, next Saturday of this month, after completing The concerned committee will carry out its work, which will allow the wheels of travelers who hold travel tickets on the date of the flight and for those departing only to reach the airport gates, with checking the documents of the wheel and its registration and driver’s license, except for the (yellow) wheels. He stressed, "The Civil Aviation Authority is committed to achieving the highest level of security with the supportive security services, which the International Civil Aviation Organization (ICAO) urges, by subjecting everyone to examination and inspection procedures."
    3 points
  22. TERMS for Weekly MegaMillion & Powerball Entries Pool(s) is (are) open to identifiable/registered DV MEMBERS ONLY (Sorry, no extended family or friends... or Lopsters, as they are not allowed in the regular forums, and therefore cannot comply with the rules). One SET of numbers per ENTRANT per POST per FAMILY (Multiple members in a family may participate under ONE ENTRANT ONLY). (Please select CASH OPTION when purchasing numbers/ticket). Annuity tickets will not be disqualified and will be factored accordingly if determined a winner, but our preferred intent is for the lump sum payout. A DV Member may purchase and post up to ONE ticket for ANOTHER DV Member (except Lopsters), with that member's acknowledgement and consent. ONE SHARE per entrant of any winnings of the JACKPOT (CASH OPTION!!!) only (Approx. $100 million minimum drawing) Winning ticket/entrant agrees to share EQUALLY with ALL qualified entrants in this thread. Qualified entrants must have numbers/entry posted prior to drawing date/time. Qualified entrants must have a physical ticket to present upon winning, to prove their pledged participation. HOLD onto your "LOSING" ticket. Take a picture of your "LOSING" ticket as a possible backup verification. Winning entrant is responsible for ALL communication with, and coordination of, winning shareholders immediately after the drawing. ALL winning participants/shareholders agree to respect and abide to the PRIVACY terms of the WINNER. Disclosure of identity of winning entrant is sole discretion of winner. This is for the security and safety of all. Winning shares will be dispersed upon final consensus and WRITTEN AGREEMENT, guaranteeing individual preferences, privacy and security. By posting your pledged ticket/numbers in the thread(s), YOU AGREE TO THE TERMS POSTED ABOVE. The following has been added to the rules as of 9/17/2016 to clarify a question about participation: NEW RULE! Ticket/numbers entered into THIS DV POOL are for this pool exclusively. It may not be entered into other pools. Its entry into the DV POOL is time-stamped as verified by the post, and acknowledged by the entrant that it is exclusive to DV. Should it be found that the WINNING TICKET is entered into multiple pools, WE will claim that ticket as the WINNER for the DV POOL EXCLUSIVELY, irrespective of the time-stamp of other pools. Should another pool have a similar rule, or no rule to this regard, the time-stamp may be an effective qualifier if necessary to determine the participant's intent, as well as order of participation. $100M Minimum waived for both drawings
    2 points
  23. Early june will come and they will still be discussing the budget. Them people are plain unreal.
    2 points
  24. This is very disturbing and sad......in addition the people standing around with their phones out doing nothing....what a sad society the next generation will be!!!!
    2 points
  25. Mega millions 04/28/23 18 37 38 49 52 MB 22 Powerball 04/28/23 01 10 17 59 61 PB 11
    2 points
  26. Here's an article from Dinarland... Iraq is the key player in UAE economic summit. Russia, China, Iran & NK invited to summit...where's the US? Treat as a rumor. Not verified. Your opine. TNT: CandyKisses: UAE invites Sudanese To Participate In Global Summit In Dubai. Iraq today: ARTICLE: Al-Sudani received an official invitation to attend the World Climate Action Summit in Dubai. A statement by his office said that “Prime Minister Mohammed Shia Al-Sudani received an official invitation from the Ruler of Dubai, Mohammed bin Rashid Al Maktoum, Vice President of the United Arab Emirates, delivered to him by the UAE Chargé d’Affaires in Baghdad, to attend the (World Climate Action Summit), which represents the official launch of the UAE Climate Conference, for the period from 1 to 2 December 2023.”
    2 points
  27. The source indicated that there are positive developments between Baghdad, Ankara, and Erbil. The source revealed that four oil companies have signed contracts, jointly agreed to by the KRG Ministry of Natural Resources and the Iraqi state oil marketing company (SOMO). Moreover, Iraqi Oil Minister Hayan Abdul-Ghani informed the state-run Iraqi News Agency on April 28 that they will declare the recommencement of oil exports in the upcoming days. After the Paris-based International Court of Arbitration ruled in favor of Iraq on one of the 5 claims, Turkey stopped oil exports from the Kurdistan Region. PM Masrour Barzani traveled to Baghdad on April 4 to sign an interim agreement that permitted the Kurdistan Region to resume exporting oil to Turkey's Ceyhan port. In Baghdad, PM Barzani and Iraqi Prime Minister Mohammed Shia' Al-Sudani held a joint press conference announcing the new agreement. U.S. Secretary of State Antony Blinken on April 18 spoke by telephone with Iraqi Prime Minister Mohammed Shia’ Al-Sudani and said he “welcomed his efforts to reach an agreement between his government and the Kurdistan Regional Government to resume oil exports.” According to the agreement, 400,000 bpd of Kurdish crude oil will be marketed and exported by SOMO at market rates. Furthermore, the revenue from Kurdish oil sales will be deposited into a Central Bank of Iraq (CBI) account, owned by the KRG and monitored by Baghdad. Nearly a month later, however, oil exports have not resumed. Congressman Michael McCaul, who chairs the House Foreign Affairs Committee in the U.S. Congress, on Thursday expressed concerns that “Baghdad still isn’t allowing resumption of oil exports from the Kurdistan Region.” “A pause in these exports is a win for the Iranian regime. The [Biden] administration must apply pressure to address this threat to stability and energy security in the region,” he tweeted.
    2 points
  28. The Wall Street Journal: America sent fighters with bunker buster bombs to deter Iran Last month, the Pentagon sent a squadron of A-10 bombers to the Middle East (Associated Press) 28/4/2023|Last updated: 4/28/202304:47 PM (Makkah Al-Mukarramah) The Wall Street Journal quoted US officials as saying that the US military recently sent attack fighters equipped with bunker-buster bombs to the Middle East in order to deter Iran. The American newspaper added, quoting the aforementioned officials, that the purpose of sending more lethal weapons to arm the A-10 bombers is to give pilots a greater chance of success in destroying ammunition caches and other fortified targets inside Syria and Iraq, where American forces have been attacked by terrorists. Militias backed by Tehran. "The A-10 fighters are very effective in carrying out some of the required missions," said Air Force General Alexus Grynkewich, who oversees US military operations over Syria and over 20 other countries in the Middle East and Southeast Asia. Last month, the US Department of Defense (Pentagon) sent a squadron of A-10 fighters (the squadron includes 12 aircraft) to the Middle East, after Iran-backed militias carried out a series of attacks on US bases in Syria, including a strike by a drone that resulted in About the killing of a US Army contractor. This step from Washington comes at a time of escalating tension between it and Tehran, as the US Navy said on Thursday that Iran had seized an oil tanker flying the flag of the Marshall Islands in the Gulf of Oman, while it was sailing in international waters. On the other hand, the Iranian army said that the seized tanker was carrying American cargo, and it collided with an Iranian ship in the Gulf waters, and tried to flee by turning off the tracking devices. Source : Wall Street Journal
    2 points
  29. MegaMillions 4/28/23 24 - 39 - 44 - 62 - 63 MB 12 PowerBall 4/29/23 10 - 11 - 14 - 49 - 54 PB 08
    2 points
  30. Yes, that’s why I keep as little cash in the banks as I have to for paying bills etc.
    2 points
  31. 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... So, take everything with a grain of salt ... RON MarkZ Article: “Iraq supports OPEC's approach to selling oil in foreign currencies instead of dollars” Quote: "...this step will support the economies of all oil-exporting countries...OPEC countries are currently heading not to deal in US dollars in oil transactions, and that dealings will take place in any local currency." This is very big. Another huge piece is “Depositing the sum in Americans banks for oil sales is no longer a condition” Every time they tried to move forward and RV they hit a brick wall because the US was controlling all their dollars. This is absolutely huge You guys should all be excited. Clare Article: "The Iraqi Trade Bank issues a statement regarding foreign remittances" Quote: "customers of the Iraqi Trade Bank from Iraqi private sector companies can make foreign commercial transfers through the platform of the Central Bank of Iraq to all countries of the world through the bank’s branches through their accounts opened in Iraqi dinars.” Sounds like Iraq is ready to go International..! RON
    2 points
  32. Eventhough $0.67 is less than a buck , but it isn't a bad rate for a start. Bring it on.
    2 points
  33. Oil Minister: Resumption of regional exports in the coming days Time : 2023/04/28 11:53:01 Oil Minister: Resumption of regional exports in the coming days - Al-Furat News (alforatnews.iq) Oil Minister Hayyan Abdul Ghani announced on Friday the imminent resumption of oil exports from the Kurdistan region through the Turkish port of Ceyhan. Abdul Ghani said in a press statement that "the central government has reached the final stages of implementing the agreement with Erbil on the resumption of oil exports from the Kurdistan region," pointing out that "the oil marketing company that undertook the process of receiving and exporting oil from the region is now in the process of signing contracts with companies that buy oil." He pointed out that "in the coming days the resumption of oil exports will be announced." It is noteworthy that on April 4 in Baghdad, an agreement was signed to resume the export of oil to the Kurdistan region, in the presence of Prime Minister Muhammad Shia Al-Sudani and President of the Kurdistan Regional Government Masrour Barzani. Al-Sudani stressed on the technical authorities to immediately implement the agreement with Erbil.
    2 points
  34. The Minister of Oil sets the date for the resumption of exports from the Kurdistan region The Minister of Oil sets the date for the resumption of exports from the Kurdistan region (economy-news.net) Economy News _ Baghdad Oil Minister Hayyan Abdul Ghani set on Friday the date for the resumption of oil exports from the Kurdistan region. Abdul Ghani said in an interview with the Iraqi News Agency, followed by "Economy News", that "the central government has reached the final stages of implementing the agreement with Erbil on the resumption of oil exports from the Kurdistan region," pointing out that "the oil marketing company, which ensured the process of receiving and exporting oil from the region, is now in the process of signing contracts with companies that buy oil." He pointed out that "in the coming days the resumption of oil exports will be announced." Earlier, Prime Minister Mohammed Shia al-Sudani announced the agreement to resume the export of oil to the Kurdistan region, stressing the technical authorities to immediately implement the agreement with Erbil. Al-Sudani said during a joint press conference with Kurdistan Prime Minister Masrour Barzani, "The technical authorities must immediately start implementing the agreement with Erbil and find legal means for this matter." "The agreement confirms the serious and sincere desire of the federal government and the Kurdistan government to face all the problems and obstacles that were inherited years ago and postponed and we did not reach solutions," he said. 23 Views Added 2023/04/28 - 11:22 AM
    2 points
  35. 4/28 MM 02 13 15 17 25 mb15 4/29 PB 03 10 29 44 57 pb09
    2 points
  36. MegaMillion #'s for 4/28 18 23 41 49 67 MB 25 PowerBall #'s for 4/29 TexasGranny 16 19 27 32 57 PB 17 Jetman 11 34 39 60 63 PB 19 babycakes61 29 33 57 64 68 PB 23
    2 points
  37. NO RV until stock market collapses and reset happens.....its why countries are dumping USD now for other currencies inlcuding their own look at Indonesia and Bangladesh all in a week! Trump mentioned "1929" and "stock market" MULTIPLE times in his comms today, these are direct comms be ready! he also mentioned the "DEFICIT WILL BE ERASED ALMOST OVERNIGHT+ MAJOR COMMS!!!!!!!!!!!!!!⏰💣
    2 points
  38. i believe under the alliance digital and paper will co exist but backed by gold...no more printing if you dont have it you cant spend it
    2 points
  39. The only thing I can say is that God does not play games with people. On the other hand, Satan messes with people all the time. Something to think about.
    2 points
  40. Nope… nothing excites me after 15 years! 😭
    2 points
  41. Not one word of it true! All made up B.S. ! The Santa Is coming to your house in 2 days with your sack. of money! 🤠
    2 points
  42. But lives over 6000 miles away... is that also considered like using the phrase "boot on the ground", with the rest of the of lies an in these post..
    2 points
  43. Repeatedly stopping the region's oil confiscations.. puts it on the abyss of bankruptcy April 27, 2023 Baghdad / Obelisk Al-Hadath: Media outlets reported on an official source in the Ministry of Finance in the Kurdistan region of Iraq, that “the region incurred a loss estimated at 850 million dollars,” one month after stopping its oil exports, amid official fears that it would go bankrupt. The suspension decision, which the federal government won as a result of a lawsuit before the International Court of Arbitration, reflected negatively on the region's economic conditions. And the region in which the economy depends heavily on oil exports, the cessation of exports may lead to a sharp decline in economic growth and an increase in unemployment rates. The longer the period of suspension of exports, the greater its impact on the exporting economy, as it may lead to exacerbation of financial problems and increase the chances of bankruptcy. And the cessation of oil exports could lead to a sharp deterioration in the financial situation of the region, and increase the chances of bankruptcy. Later, it was agreed between the region and Baghdad to resume oil exports. According to circulating information that lacks official confirmation, the region has incurred a financial loss estimated at about $850 million since the decision to stop exporting its oil on the twenty-fifth of last March. And in the event that the export cessation continues, the region is on the verge of an unprecedented state of bankruptcy. Prime Minister Muhammad Shia al-Sudani and the President of the Kurdistan Region, Nechirvan Barzani, agreed earlier this month to resume oil exports, and stressed that the direct technical authorities would immediately implement the agreement with Erbil. Last month, Iraqi government circles talked about 4 basic items included in the agreement between the federal government and the Kurdistan region. The first included the export of 400,000 barrels of oil per day from Kurdistan through the National Oil Company “SOMO” and naming a representative of the region in the company, and this happened for the first time after years. There were long disputes between the two sides, and it was also agreed that a Kurdish official would occupy the position of assistant to the head of the company (SOMO). However, the aforementioned agreements did not appear to be implemented yet. In the region and even in Baghdad, the presence of alternative sources of income, such as agriculture, tourism and manufacturing, the impact of stopping exports may be much less on the economy.
    2 points
  44. Parliamentary Finance confirms the continuation of its meetings until the budget is ripe and its matter is resolved Iraq 09:13 - 2023-04-27 The head of the Parliamentary Finance Committee, Atwan Al-Atwani, confirmed that the committee will continue its meetings throughout the week until the budget is ripe and its matter is resolved. The media office of Al-Atwani said in a statement, “The Parliamentary Finance Committee, after the end of the Eid holiday, held a meeting chaired by Atwan Al-Atwani, marking the resumption of discussion sessions and amending the country’s general budget, as it was decided that the committee’s meetings would be on a daily basis throughout the week except for Friday in order to ripen the budget and amendment law.” According to the powers granted by the constitution, in addition to preparing a special schedule for hosting ministers and executive officials to view the allocations for government institutions and their needs in a way that contributes to enabling them to perform their mission in serving citizens and implementing the government program. He added, "We renew our support for the government within the framework of implementing its government program, and we look forward to having a real investment program capable of achieving sustainable development." He stressed the need for the government to attach utmost importance to the file of developing and supporting the private sector in order to absorb unemployment and provide job opportunities for graduates, qualified and middle cadres. Stressing the importance of adopting a program to establish productive investment projects to enhance non-oil revenues and avoid adopting oil as the main financier of the budget.
    2 points
  45. Investigative journalism....kind of a lost art..... Carleson was the only one with the guts to broadcast the Tony Bobalinski/ Biden Inc information....it was...and is true.... Of course the worthless left leaning MSM buried the story.....along with the Justice department.... And what do you know....14% who voted for Biden said if they had known the facts on this they wouldn't have voted for Biden.... That's called rigging an election......and that's a great example of investgative jornalism.... This corruption runs so deep when it is all revealed it will shake this country to its foundation... That day of reckoning is coming.... CL
    2 points


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