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blueskyline

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Everything posted by blueskyline

  1. Thank You Yota . You have soldiered on many years for us . Prayfully our conclusion is a "real" soon ...
  2. https://www.google.com/amp/s/mobile.reuters.com/article/amp/idUSL1N2KS1DS..... UPDATE 1-Vietnam's central bank cuts down on dong intervention frequency Phuong Nguyen * SBV says to buy USD weekly instead of daily * SBV says aim is to let market set dong rates * FX sensitive since U.S. branded VN a "currency manipulator" (Adds backround, market price and further SBV comment) By Phuong Nguyen HANOI, Feb 22 (Reuters) - The State Bank of Vietnam (SBV) said it has cut the frequency of its foreign exchange interventions to allow the Vietnamese dong to move in accordance with the market. "From Feb. 17, 2021, the SBV reduced the frequency of buying intervention to once a week on every Wednesday, instead of daily," the central bank said in an email to Reuters. "This move aims at letting the rate move in accordance with the market." Currency intervention is a sensitive issue for Vietnam since the United States branded it a "currency manipulator" in December for seeking to keep the dong from rising. Vietnam has seen a surge in export-led growth and a higher value for the dong could hurt its manufacturers and threaten this growth in the middle of a pandemic..Reuters earlier reported the SBV had this year ceased buying dollars in the spot market, where trades settle within days, and instead purchased them for delivery in July, a move traders said could help avoid drawing U.S. attention.The SBV said it stopped spot transactions from Jan. 4 and instead shifted to using derivatives called forwards - including an unusual provision allowing banks to cancel them - in order to ensure a flexible rate for the dong and to support liquidity.Vietnam has consistently said its currency policies aimed to maintain stability and control inflation, not seek trade advantage.The dong has barely moved in official spot markets this year, with a 0.2% gain and quoted around 23,020 per dollar on Monday. (Reporting by Phuong Nguyen in Hanoi; Writing and additional reporting by Tom Westbrook in Singapore; Editing by Vidya Ranganathan and Giles Elgood)
  3. Another day closer.....Thanks SB and Everyone
  4. Thanks for all the insight everyone . Perhaps deals not seen yet were made before Trump left office that most countries stop ripping off our dollar. And if they did . They would be taken off the list of manipulators . If no deal was made why not leave their currency alone and continue enjoying the unfair avantage ?
  5. Thanks SB. I will be watching
  6. 13 years ago . When my cousin introduced me to dinar . I was also told about crypto currency . Mainly bitcoin . Here we are in 2021 still following iraq and some of us crypto currencies .I have to belief now they are both more connected then what we might see .Countries around the world are quickly producing their own CBDC's. Alot of these countries are in debt . How are they suppose to back these digital currencies for launch . Its my beleif some of the wealth to back these CBDC's is coming from countries like Iraq along with their own resources and other currencies in their reserve . If this is the case . The pressure from the rest of the world is far to great for Iraq NOT to revalue there currency at some pre- chosen point .
  7. https://www.dijlah.tv/index.php?page=article&id=280244... The Presidency of the Council of Representatives postpones submitting the budget until tomorrow morning for the purpose of printing it and adding details
  8. https://www.dijlah.tv/index.php?page=article&id=280235... Al-Suhail: The budget voting session will be held at ten in the evening Sweeteners - 03-19-2021 07:55 PM - Readings: 3,771
  9. A7%D8%B2%D9%86%D8%A9.... Parliamentary sources: Postponing the session to nine in the evening and the Presidency of Parliament prefers this option with the budget Time: 03/19/2021 18:27:43 Read: 3,432 times {Baghdad: Al-Furat News} Parliamentary sources suggested that the parliament session be postponed to nine o'clock this evening, Friday, due to the continuing dialogues and discussions on the draft federal budget bill for 2021. The sources told {Al-Furat News} "There are no indications for the parliament session to take place at present, with the Kurdish blocs insisting on the government text on the oil of the Kurdistan region in the draft budget bill for receiving 250 thousand barrels per day, offset by the Shiite blocs' insistence on handing over to the region 460 thousand barrels per day in return for handing over to the government dues. Foreign companies operating in the region and the internal needs of derivatives. " She pointed out that "there is a constant movement in Parliament regarding session dialogues, but there is no way to hold them until now, and there are those who go to hold the session at nine o'clock in the evening, and it may be postponed." The sources pointed out, "The Presidency of Parliament still does not want to go to vote with a large majority on the budget and hold it for this purpose so that there is no new rift between Baghdad and the region and is striving for consensus on resolving the budget dispute." And concluded that "committees and deputies began to submit requests to the Parliamentary Finance Committee in the last hours before the budget vote." It was scheduled to hold a parliament session to vote on the budget at one o'clock this afternoon, but it has not been held so far with the continuation of the parliamentary blocs dialogues regarding it. Ammar Al-Masoudi Time Now is 7:24 PM
  10. https://www.dijlah.tv/index.php?page=article&id=280229....... Kurdistan Democratic Party announces the agreement to pass the budget Policy - 03-19-2021 04:52 PM - Readings: 12895 On Friday, a member of the Parliamentary Finance Committee for the Kurdistan Democratic Party, Bashar al-Kiki, announced that a political agreement had been reached to pass the budget. Al-Kiki said in a statement, "We congratulate all the Iraqis that Erbil and Baghdad have agreed to pass the budget." "A new phase of stability and coexistence between the components of the Iraqi people has begun," he added.
  11. Thanks Ron ! Enjoy The Weekend like We enjoy your updates !
  12. I have been following the stock of one of the oil companies drilling for oil in Kurdistan for close to a year . When they show a raise although slight in value . I think it tells me when buget negotiations may be going well, Kurdistan pays them I imagine from what Iraq gives them ,the oil they secretly sold and from the raise of oil price . It's starting to go up in value .
  13. There has been talk of a " rider" to be activated retroactively .
  14. No . I don't think he's Robinhood . In the past . When government officials and Iran wanted to slow progress . They would send suicide bombers , do auction thefts , counterfeiters , assainate other officials , rob banks and armored trucks , steal from ministries . What was your reason for the theft again ?
  15. Once Iraq gives its people their purchasing power , share of oil wealth and a prosperous future. The people in power of Iran will be gravely threatened by their own people . Anything they can do to stall that they will do if they can .....? Go RV
  16. A theft like this could be possibly be used to give reason to groups that don't want progress to say we don't have stability to move forward with reforms. A planned theft with a purpose for disruption . Not personal gain.
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