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Showing content with the highest reputation on 06/19/2024 in all areas

  1. . 😊 Do they have to RV to make the budget work? If you take what the prime minister told us about the dropping of the zeros in his news in an April 2023 article, we can see that taking the 1320 rate and dropping the 3 zeros makes it $1.32. If we take the 6.5 billions dinars allocated for the new pipeline construction it is actually about $4.9 billion dollars. If we divide 6.5 / 4.9 we get 1.32. Oh…gee whiz is this a coincidence? 😉 😊 😊 Can you see now why I am so excited. Can you see now why this is WOW! WOW1 WOW! news for today? Many believe it is not coincidental and so I agree I. Do they need the change in rate to build the pipeline? What about the other projects too like the 7 new refineries? Does this tie back to the budget as a whole also needing the change in effective exchange rate? Just saying as it is too weird and coincidental. But if it does they will have to get their act in gear real soon, as they also told us they plan to begin this new pipeline now NOT in 2025. Get it? Oh… Gee Whiz!! Also how do they plan to pay for the 7 new refineries? Do these also need a rate change. They did not tell us how much these will cost but you can guess it is in the billions too. This is going to be an exciting summer! 😊 Better to be ready than to have to get ready. Be ready!
    14 points
  2. ( Interesting article from 3/10/24....worth the read ) Iraq’s ruling coalition may call for early elections A poll by the nongovernmental Iraq Statistics Organization found Prime Minister Mohammed Shia’ Al Sudani to have an approval rate of 51%, the highest of any Iraqi official. By HUDHAIFA EBRAHIM/THE MEDIA LINE MARCH 10, 2024 14:20 Iraq’s ruling coalition plans to call for early elections in an attempt to overthrow Prime Minister Mohammed Shia’ Al Sudani. Al Sudani belongs to the Coordination Framework, an alliance of Shiite parties loyal to Iran. But after assuming the premiership, Al Sudani changed his approach toward the parties and came to disagree with many of their political positions. A leader in the Islamic Dawa Party, which Al Sudani led until stepping down in 2019, told The Media Line that Coordination Framework parties have been meeting for about five months and plan to call for elections in 2024 or early 2025. “The plan is to attack the prime minister, belittle his achievements, bring him down popularly, and create more political and economic problems, after which the Iraqi street will go out in demonstrations demanding the overthrow of the government, and then call for early elections, and not nominate Al Sudani again, or grant him any position,” the source, who asked to remain anonymous, said. The source noted that two previous Iraqi prime ministers had lost their positions after the Iraqi public turned against them. Party fears creation of new political party “The party fears that Al Sudani may announce the formation of a new political party or alliance, run in the upcoming elections, and become the ruling political majority in Iraq,” the source added. The dispute between the Coordination Framework and Al Sudani relates to the prime minister’s approval of US Federal Reserve policies to prevent currency smuggling. These measures reduced the circulation of US dollars in Iraq and increased the price of the dollar. Al Sudani also implemented several policies that have boosted his popularity. He increased government salaries and wages for retirees, launched major development projects in the capital and several Iraqi governorates, and announced plans to improve infrastructure and expand the nation’s road network. According to official statistics, Al Sudani also significantly reduced unemployment. In addition, he passed a social security law for workers in the private sector and announced a plan to build 1,000 schools and more than a million residential units. Since mid-2023, at least 10 countries, including some in the Gulf Cooperation Council, have announced new investments in Iraq. The exchange rate of the dollar in the parallel market has also stabilized since November 2023. A September 2023 opinion poll by the Government Advisory Board found that Al Sudani enjoys a 78% approval rate. Another poll by the nongovernmental Iraq Statistics Organization found him to have an approval rate of 51%, the highest of any Iraqi official. Al Sudani has spurned many political allies and opponents. He did not support former Speaker of Parliament Mohamed al-Halbousi and worked for his removal. He also removed most of the leaders of the Popular Mobilization Forces—a group of Iranian-backed militias—from government positions. The Iraqi government is currently weighing the question of changing the currency so that the official cost of a US dollar will be 1.32 Iraqi dinars instead of 1,320 dinars. Implementing such a decision is likely to significantly increase Al Sudani’s popularity. Abbas al-Musawi, adviser to the former Prime Minister Nouri al-Maliki, said in statements to Iraqi media that Al Sudani’s achievements are achievements “for everyone,” while also saying that Al Sudani will not be reelected as prime minister. “We are not afraid of Al Sudani. We have our audience, and it is a stable audience,” al-Musawi said. Al Sudani has faced heavy criticism on Iraqi television Jaafar Al-Khudairi, a member of the National Wisdom Movement, one of the Shiite parties within the ruling Coordination Framework, told The Media Line, “The Dawa Party is trying to state that only its cadres are capable of running the state, but this is not true.” He said that the parliament is discussing a new law regarding elections and that new elections might be called after that law’s passage. Karar Sahib, director of the Iraqi Media Observatory, told The Media Line that Al Sudani has faced constant criticism on Iraqi television. “There are channels affiliated with the Shiite religious parties, which were the most offensive, as they only showed the negative aspects of the decisions, and tried to exaggerate them,” he said. He said that consistencies across different channels suggest that there may be a single writer behind the criticism. Sahib defended Al Sudani’s achievements. “Iraq is now making an unprecedented renaissance,” he said. “It is true that the situation is still below ambition, but it is much better than before.” Muhammad Al-Bouflah, a former professor of political science at the University of Baghdad, told The Media Line that the current political climate is a result of Al Sudani’s attempt to fracture the coalition. He also said that the Coordination Framework will succeed in holding early elections only if Shiite cleric Muqtada al-Sadr comes out in favor of the plan. “I do not think that Muqtada al-Sadr will return to trusting the Coordination Framework after they removed him from the political process, and therefore the prime minister will continue to complete his term as president,” he said. Former Member of Parliament Shaiban Al-Kilani told The Media Line that the disputes have to do with the different parties’ attempts to vie for power. “The disputes are only over shares of the cake,” he said, “and are not disputes over the popularity of the current prime minister.” Jpost.com/middle-east
    10 points
  3. WOW, that would be Excellent!!! My views on what to spend it on 15 years ago has changed somewhat. Hope to spend more time with my kids, grandkids and great grandkids. GO RVVVVVVVVVVVVVVVVVV!!!
    8 points
  4. 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 Clare Article: "Iraq is preparing to establish a project that will change the oil map.. Will it affect energy producers?" Quote: "Iraq's budget for the current year 2024 allocated an amount of up to 4.9 billion dollars to establish a pipeline extending from Basra in the far south of Iraq on the waters of the Gulf, to the city of Haditha, located in the far west of Iraq within the Anbar Governorate" MarkZ I do not think we will see the Iraqi dinar float. I believe they have been clear they want to retain value and peg it to assets. But, I could be wrong. Mnt Goat ..the “icing on the cake” for today’s news...It’s about the huge ATM installation and testing going on in Iraq. Why is this so important? We were told by the CBI not too long ago the significance of that the ATMs role will play in the Project to Delete the Zeros...its all interconnected...To get petty cash they will need the ATM machines. At this time the petty cash will be set to the newer lower denominations post delete the zeros. Tuesday Midnight Opinions Pimpy There's been many people saying come on Pimpy tell me what is your gut feeling about the Iraqi dinar? I said look, I tell you guys the truth...I'm not going to lie about it...That drives people crazy, I'm not going to blow smoke up your guys' ass. I think it's a great investment. My fingers are crossed that they will increase the exchange rate without removing the zeros...Is that realistic? I don't think so but we're going to find out... Frank26 [Iraq boots-on-the-ground report] FIREFLY: Television showing Saleh and other leaders of the financial services saying soon the parallel market will be gone...The only way we see this [happening] is that they give us our dinar and give us a real rate for that dinar, then that would make the parallel rate go away in what we think. FRANK: Iraqi citizens know what is happening. They know the next step. Sandy Ingram Countries could require that their oil be paid for in their currency. This would greatly affect the Iraqi dinar in a good way for investors. Clare Article: "The European Union mission expresses its readiness to cooperate with the Iraqi banking sector” MarkZ Iraqi PM Sudani has announced on Iraqi TV that before the end of the holiday, which was this Wed. June 19th, that the Iraqi citizens will have their new exchange rate, access to new ATM's and the lower denominations. Well, it didn't happen Mark - as usual..! Samson Article: ”China acknowledges: Iraq is our largest trading partner and must actively participate in the “Belt and Road” and “Development Road” plans."
    7 points
  5. They are from the goats latest news letter but, having looked at the numbers and recent articles I have to agree with her. So if you want to take it as both her and my words fine.
    7 points
  6. I agree with you on crooked joes crack head son. I could care less about that POS! Crooked Joe is the un convicted felon! Joe stole highest top secret documents and just top secret documents! The POS stole the classified documents when he was a senator and as the VP! He was not authorized to have this classified documents outside of the skif ! He had them at his un secure compounds! The DemoRats won’t impeach him, you can’t charge a sitting president! I know you don’t understand just what the Biden crime family was doing! Let me enlighten you! Crooked joe and his crack head son and other co conspirators were sell top secret information to Russia China Ukraine and Iran! That’s how those POS raked in millions of dollars! Biden is a un convicted felon! He and his co conspirators will all be arrested and charged when President Trump gets re elected! I just wished I could be be re unstated to be the one to put crooked Joe his crime family, Obama and the Clintons on a chain, plus take all of them to a federal prison for the rest of their miserable despicable lives! There I spelled it out for you! Now go get back on your medication! JMHO
    7 points
  7. I do not believe in coincidences! I believe, when the student (us) is ready, the teacher (CBI) will appear! So, Students! Get ready cause here comes the teacher! Just sayin!
    7 points
  8. Democrats came up with a new formula for calculating joblessness & GDP to make things seem not as bad as they really are. The economy is in shambles unless you are on the doll or at the top 1%. If you have investments & money in bank, you lost around 40% in purchasing power over the last 4 years. Inflation is erasing any edge we had. Families are struggling just to keep food on the table. You can kid yourself but the bottom line is we are all less well off than we were before COVID. Trump did not cause COVID nor did he destroy the US economy.
    7 points
  9. Well said Santa and welcome to the Trump Train!!
    6 points
  10. We are divided I personally hate all DemoRats . There is no me and you if you are a DemoRat Marxist communist sympathizer! I don’t want nothing to do with them! JMHO!
    6 points
  11. Good observation, great read, BB. Thanks. Go RV.
    6 points
  12. The Prime Minister's advisor confirms that the country is protected from any international financial risks Sweeteners - 06-17-2024 09:53 PM - Number of views: 168 Advisor to the Prime Minister, Mazhar Muhammad Salih, confirmed today, Monday, that Iraq ranked distinguished among international groups that follow the best banking compliance systems, which makes it safe from any international financial risks, noting that the international community also praised the solidity of the financial and banking system. Saleh said, “Cash issuance mechanisms are one of the exclusive powers of the Central Bank of Iraq as it is the issuing bank based on its Law No. 56 of 2004,” noting that “what is published here and there about problems in cash liquidity is far from the solid institutional basis of the monetary authority in Iraq, which is... “One of the most important authorities concerned with the issues of the availability of cash liquidity and the stability of the payments system, which contributes to the sustainability of the stability of transactions in the national economy.” He added, "Managing cash liquidity, building the monetary foundation, and controlling liquidity levels in the country are subject to the principle of a long-term plan that is consistent with achieving the operational objectives of monetary policy in order to achieve the intermediate goals of stability and sustainable economic growth and determine the stability of long-term cash flows." He stated that "Iraq occupies a distinguished rank among the international financial groups that follow the best international banking compliance systems, which makes our country safe from any international financial risks," pointing out that "Iraq is a cornerstone of regional and international financial cooperation institutions in the scope of combating money laundering and money laundering crimes." Crime and terrorism.” He stated that "Iraq recently received clear, positive praise for its strong anti-money laundering policies at the Financial Action Organization conference for the Middle East and North Africa region, which was held in the Kingdom of Bahrain, and it is a testimony from the international financial community that confirms the solidity of the financial and banking system in Iraq with the principles of compliance and the integrity of financial and banking operations." . https://www.dijlah.tv/index.php?page=article&id=347120
    5 points
  13. Militia Man Article: "Iraq is preparing to establish a project that will change the oil map.. Will it affect energy producers?" Quote:"Included the project of this new pipeline with an estimated amount of 6.5 billion dinars or $4.9 billion." Think about what they just said, 6.5 billion Iraqi dinar equates to $4.9 billion...It is like saying the dinar is worth 1.32 to $0.76...That to me will be considered a REER. Did they just inadvertently give us the new ER? Inquiring minds want to know.
    5 points
  14. Keep in mind multiple things- 1. This is just the NEER. nominal effective exchange rate 2. The REER (real effective exchange rate) will come with the RV 3. This looks like they deleted the zeros but haven't announced it yet. 4. .753 is 75 u.s cents per dinar not $1.32/1 iqd 5. After the RV/RI It should join forex and float up higher, probably over 3.22 in my opinion.
    5 points
  15. Better to be ready than to have to get ready. Be ready! After all of this time one would think ALL OF US are over ready
    5 points
  16. Your liberal commitment to hoax’s is commendable !!!
    5 points
  17. Great Great post LGD
    4 points
  18. Sudani could set up his own new political party and stop all the corruption. The Iranian puppets would be out. He might support Iran to some extent but I do not believe he is the puppet they thought he was going to be. Past governments have kicked the can and he has to at times but nothing compared to othe prime ministers. Also if we consider how complex a process this actually is and the huge progress they have made since he took office they are miles ahead of where they would be if it was any other PM.
    4 points
  19. These people never leave and go to the country that suits their mindset. Ya just can’t fix stupid sadly. They are misinformed and believe the true lies. How on earth anyone can look at the Biden crime syndicate, and not see it, is amazing to me. America would be a much better place if these morons would move to another country. They would realize just how good someone like Trump is as far as running the country like a business and not lining his pockets like the majority of the rest of the politicians.
    4 points
  20. From WRAL-TV; Winning Megamillions Numbers Tuesday, June 18, 2024 21 22 50 55 67 MB 20 Megaplier 2X Sorry; We had no winning matches tonight.
    4 points
  21. OKAY I have to confess. I started this thread for a reason. Everyone here knows that I thought Trump "COULD BE" the Antichrist. I've spent the last 7 years since Trump came down that escalter scouring the internet for every single video of him made. I was looking for anything that gave evidence of Trump's hidden agenda. Much to my surprise I have literally found NOTHING to prove my theory. And I mean NOTHING! I live by a philosophy, that anyone can fool you for a year, a few can fool you for two years. But only the most diabolical can fool you for 3 years. After which you pretty much know what type of person you're dealing with. [Thus you should NEVER marry anyone until you've dated them for 3 years] Trump is going on 7 years and the ONLY thing I've seen is a man who loves America and all people. Therfore, if he's the Antichrist, he's missed his calling. Because he would be the GREATEST actor to ever live. It's my deepest hope that this thread provides others to see the truth. I now believe that President Trump has been sent by our Lord as our LAST chance at redemption for America. That he will bring back justice ⚖ and stability for the world. I say world simply because as America goes, so does the world. President Donald J Trump may well be God's last attempt to truly Wake America up. Failure to head this opportunity will, in my opinion, lead us into the Tribulation. God's MERCY is his GREATEST attribute. He commands us to emulate his MERCY. He desires us to show his MERCY and FORGIVENESS to everyone as he does. I know in my heart ♥ that Failure to do so would be disastrous for the world. I truly believe we're living in the last days but it's God's MERCY, that is so great that he's almost compelled to provide us one more chance.
    4 points
  22. 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 Article: "DETAILS OF THE MEMORANDUM OF UNDERSTANDING SIGNED BETWEEN IRAQ AND HONEYWELL OF AMERICA" Quote:“The memorandum that was signed aims to develop projects for developing refineries...noting that “raising the refinery capacity to 40 percent will add value to the crude oil produced and lead to raise financial returns and thus support the national economy.” Folks, they just told us they will be expanding their oil capacity. Iraq will also be selling these refined oil products to the rest of the middle east and probably Europe and the US. How much more revenue will Iraq generate before they finally give us the new rate? Yes, there is a plan in place... all the signs are pointing now to much, much sooner than later. I certainly hope its June...
    4 points
  23. "Enjoy the show" - Q You're going to be completely blindsided. Trump was chosen because he's clean. No crimes, no alcohol, no drugs etc.. Trump and/or our military is in control setting trap after trap to expose the corruption. This "show" is playing out exactly as scripted and will continue to. Please prepare yourself mentally for an unexpected outcome as 5% of the population will not be able to handle it. Q spoke about "suicide weekend", I hope he wasn't referring to the blindsided people but to the criminals exposed.
    4 points
  24. 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 Sandy Ingram We are looking for the Development Road Project to eliminate the IMF's concerns over revenue outside of the oil industry and increase Iraq's GDP to the point of increasing the currency's value against the dollar as we have seen happen with the Mexican Peso against the USD. Iraq is working towards the goals of the IMF... Frank26 Article: "Iraq is preparing to establish a project that will change the oil map.. Will it affect energy producers?" If you change the oil map, you change the exchange rate/the value of the currency of Iraq. Quote: "Iraq's financial budget for the current year included the new pipeline project at an amount estimated at approximately 6.5 billion Iraqi dinars ($4.9 billion)" I don't need to go any further than that...1.32 is what the citizens of Iraq are potentially in a position to receive. This article proves that there's a different rate in the budget... Militia Man Article: "Iraq is preparing to establish a project that will change the oil map.. Will it affect energy producers?" Quote:"Included the project of this new pipeline with an estimated amount of 6.5 billion dinars or $4.9 billion." Think about what they just said, 6.5 billion Iraqi dinar equates to $4.9 billion...It is like saying the dinar is worth 1.32 to $0.76...That to me will be considered a REER.
    3 points
  25. 3 points
  26. VERY INTERESTING how they are talking billions and not trillions. Thanks Ron! 👍
    3 points
  27. I think, with all this waiting for years, 10+,20+ for some, people will be more wise with their spending. Once this hits, we have a great opportunity to take care of ourselves and loved ones, do good in this world. 🙏 😊
    3 points
  28. Mnt Goat ..the “icing on the cake” for today’s news...It’s about the huge ATM installation and testing going on in Iraq. Why is this so important? We were told by the CBI not too long ago the significance of that the ATMs role will play in the Project to Delete the Zeros...its all interconnected...To get petty cash they will need the ATM machines. At this time the petty cash will be set to the newer lower denominations post delete the zeros. Yup... It's only a matter of ATM software updates to dispense the new lower denoms when the time comes. IMHO.
    3 points
  29. I like the number...$1.32 it good in my world. I know that there will be exchange fees, but we should get a better exchange rate due to our Platinum membership, so I am very excited! Just make it happen !
    3 points
  30. Amen Artitech, there is NO common ground with these people, because they bring NOTHING to the table but misery, hate, destruction and demonic evil. They are an inflamed boil on the ass of the world!!
    3 points
  31. MM 05 13 37 52 64 MB 01 PB 24 26 32 40 52 PB 12
    3 points
  32. MegaMillions 6/18/24 16 - 24 - 26 - 35 - 44 MB 21 PowerBall 6/19/24 12 - 28 - 47 - 56 - 62 PB 16
    3 points
  33. Name just one OBiden accomplishment...just one. He's done nothing to lift up the republic, only divide, weaken & rip down.
    3 points
  34. You forgot about the un convicted felon who is mentally unstable. He soon will be convicted in 2025 if the POS lives that long. Possessing top secret documents, he stole from the U.S. government, and sold to foreign agents! Tax evasion, money laundering just to name a few crimes this traitor has committed! Bring President Trump to Texas to try him! He will be found innocent on all of crooked joes phony crimes! JMHO! Not Guilty! Now go back and get on your medication!
    3 points
  35. Lest we forget it was Hunter that took kickbacks from Russia, China & Iran. Yes, there was Russia collusion & it wasn't Trump.
    3 points
  36. 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 Walkingstick $4.9 billion for a pipeline in the budget...Didn't you say it was 6.5 billion dinars? 'Yeah.' And you're saying it equals $4.9 billion? 'Yeah.'... They told the world... 6.5 billion IQDs is equivalent to $4.9 billion... 6.5 divided by 4.9 it comes out to 1.32 or $0.76... You don't have to think anymore after this...That's billions to billions not trillions to millions. That's a rate change... You're telling the world this. MarkZ Not much news overnight…but I do not take that as a bad thing. There are interesting things happening in Iraq. Things are definitely pointing to something sooner rather than later.
    2 points
  37. Walkingstick $4.9 billion for a pipeline in the budget...Didn't you say it was 6.5 billion dinars? 'Yeah.' And you're saying it equals $4.9 billion? 'Yeah.'... They told the world... 6.5 billion IQDs is equivalent to $4.9 billion... 6.5 divided by 4.9 it comes out to 1.32 or $0.76... You don't have to think anymore after this...That's billions to billions not trillions to millions. That's a rate change... You're telling the world this. Sounds a lot like a rate change to me. If it walks like a duck & quacks like a duck - it must be a duck.
    2 points
  38. Heck, $0.10 looks super great to me right about now........... Just sayin'.
    2 points
  39. Yes, true, and I agree with you. I'm just anxiously curious, are we weeks, or months away still for the lower denoms to come out??....Hmmmm, let's see what happens... 🤔
    2 points
  40. I've seen this article but cannot find it now, can anyone post a link here to this article with the 4.5b and 6.9b please. Thank you!
    2 points
  41. Some idiot is claiming the new ATMs are loaded & are dispersing the lower denoms. It may had been The Goose or MZ...not true. There cannot be lower denoms in circulation with an ER of 1,400.
    2 points
  42. I've been planning this out for so long, the excitement of buying a Koenigsegg Gemera has dwindled to the point of not really wanting to waste the money on it.. everything happens for a reason. I've never been more ready! Q followers have been expecting a "Black Swan Event" for quite a while, supposed to be before the reset and we never really knew what the event would be. We just recently figured out that a big group of black swans is called a "bank".. bank event incoming!
    2 points
  43. Al-Mandalawi congratulates the Hajj and Umrah Authority politics +A -A Baghdad-INA Acting Speaker of Parliament , Mohsen Al-Mandalawi, congratulated on Wednesday, the Hajj Authority on the occasion of obtaining first place in the “Labitum” award, while indicating that Parliament will work to support the Authority to complete its bright roles.. Al-Mandalawi said in a statement received by the Iraqi News Agency (INA): “We extend our sincere congratulations and blessings to the Iraqi Hajj and Umrah Authority headed by Sheikh Sami Al-Masoudi, on the occasion of obtaining first place in the “Labaitum” award, as the highest-rated Islamic Hajj delegation in accordance with the approved standards and conditions, and for the second year respectively." The statement added, "These great achievements related to the guests of God confirm the efficiency of a number of state institutions in serving citizens, and push Parliament to work to support them in completing their honorable roles locally and abroad," pointing out that "we will be keen to strengthen our legislative and oversight role to advance our Iraq and build a future in which serving the citizen is our highest duty." Today, 11:07
    2 points
  44. Elections are coming soon correct? Better push that magic button!!
    2 points
  45. Here's some articles of Dinarian interests... -Iraq is Protected From Any Int'l Financial Risks. -A Halt Of Gasoline Imports From Abroad. Treat as rumors. Not verified. Your opine. FROM OTHER SOURCES: The PM Advisor Confirms That The Country Is Protected From Any Int'l Financial Risks. ARTICLE: Advisor to the PM, Mazhar Muhammad Salih, confirmed today, Monday, that Iraq ranked distinguished among international groups that follow the best banking compliance systems, which makes it safe from any international financial risks, noting that the international community also praised the solidity of the financial & banking system. Saleh said, “Cash issuance mechanisms are one of the exclusive powers of the CBI as it is the issuing bank based on its Law No. 56 of 2004,” noting that “what is published here & there about problems in cash liquidity is far from the solid institutional basis of the monetary authority in Iraq, which is… “One of the most important authorities concerned with the issues of the availability of cash liquidity & the stability of the payments system, which contributes to the sustainability of the stability of transactions in the national economy.” He added, “Managing cash liquidity, building the monetary foundation & controlling liquidity levels in the country are subject to the principle of a long-term plan that is consistent with achieving the operational objectives of monetary policy in order to achieve the intermediate goals of stability & sustainable economic growth & determine the stability of long-term cash flows.” He stated that “Iraq occupies a distinguished rank among the international financial groups that follow the best international banking compliance systems, which makes our country safe from any international financial risks,” pointing out that “Iraq is a cornerstone of regional & international financial cooperation institutions in the scope of combating money laundering & money laundering crimes.” Crime & terrorism.” He stated that “Iraq recently received clear, positive praise for its strong anti-money laundering policies at the Financial Action Organization conference for the Middle East & North Africa region, which was held in the Kingdom of Bahrain & it is a testimony from the international financial community that confirms the solidity of the financial & banking system in Iraq with the principles of compliance & the integrity of financial & banking operations.”. -Oil Reveals Important Details Related To The Imminent Halt Of Gasoline Imports From Abroad – Urgent. The Undersecretary of the Ministry of Oil for Refining Affairs, Hamid Al-Zobaie, revealed important details related to the imminent halt of gasoline imports from abroad. Al-Zubaie told “Baghdad Today”, “The Ministry of Oil has currently been able to stop importing more than half of the amount of foreign gasoline we import.” He added, “Iraq previously imported an amount of gasoline amounting to 14 million liters, but after the Karbala refinery entered work, it contributed to the production of 7 million liters of high-octane gasoline, which contributed to the decrease in half of the imported gasoline.” Al-Zubaie stated, “The entry of the North Refinery to work, in addition to the fact that the 20th of this month will witness the opening of the CCR unit in the North Refineries, which will contribute to the entry of local quantities of gasoline amounting to three & a half million liters of gasoline & this will reduce the imported quantities, as Iraq will remain.” It imports a quantity of up to three & a half million liters & these quantities can be covered this year if the rest of the proposed projects are opened.” It is noteworthy that the country’s filtration sector has recently witnessed the opening of a number of important projects, including the Karbala & Baiji refineries, the4th unit & the Al-Izmara unit in the South Refinery, in addition to the fact that there is a large project in Basra Governorate, which is the FCC project, which is scheduled to be completed next year to be a great addition to the filtration sector.
    2 points
  46. 2 points
  47. Hadn't thought of that. But at this point nepotism sounds AWESOME
    2 points
  48. Investors' appetite for risk supports oil prices EconomyOil Prices 2024-06-17 // 13:27 Shafaq News / Oil prices rose, benefiting from their largest weekly advance since early April, and the continued rise in covering short positions, supported by sentiments of risk appetite in the broader markets. West Texas Intermediate crude settled above $80 per barrel for the first time in a month, with gains accelerating after prices exceeded their 200-day moving average. Crude oil also received support from rising stock indices, amid a scarcity of supply and demand signals. “The crude oil situation has improved from scorched-earth to indifferent, leaving prices poised to rise based on macroeconomic inputs, rather than improvements,” said Rebecca Babin, senior energy trader at CIBC Private Wealth Group. Structuralism.” Strong macroeconomic signals also supported prices. US nonfarm payrolls performed better than expected, and leading indicators show inflation is cooling, although the Federal Reserve is keeping interest rates steady, planning to cut interest rates only once in 2024. Crude oil futures rose 3.9% last week, the first weekly increase in nearly a month. The rally was partly driven by a major bout of short covering, with outright bearish bets on the global Brent index falling by the most since 2020. https://shafaq.com/ar/اقتصـاد/قبال-المستثمرين-على-المخاطرة-يدعم-سعار-النفط
    1 point


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