Spiked Camel Kava Java With Yo Momma !

[DinarThug]

LINK

Kurdish lawmaker: The agreement between Baghdad and Erbil is ready for signing and is awaiting the next prime minister

 

 

 

14:33 - 01/05/2020

 

On Sunday, the MP from the Kurdish group Salim Hamza revealed the details of the agreement between Baghdad and Erbil regarding the 2020 budget, noting that the agreement is ready for signature by the next prime minister.

Hamza said in a statement to "Information" that "Baghdad and Erbil have reached final understandings regarding the management of the 2020 budget, but the current conditions will delay the signing of the agreement."

He added, "Erbil will commit to delivering oil to Baghdad on a daily basis without any delay, while Baghdad will pay the salaries of the region's employees and support service projects in the region."

Hamza explained, "The only remaining technical point is an understanding on how to transfer the region's oil to SOMO in Baghdad while Erbil is waiting for the formation of a government in order to approve the budget and sign the agreement once and for all." 

[ChuckFinley]

Thanks Thug, good news. We are moving forward. 

[siberian_shaddow]

Much Appreciated Thugs, I agree Chuck even if its baby steps I'll take it.

[ChuckFinley]

19 minutes ago, siberian_shaddow said:

Much Appreciated Thugs, I agree Chuck even if its baby steps I'll take it.

And we are talking baby steps. lol

[NoviceInvestor]

On 1/5/2020 at 3:38 AM, Half Crazy Runner said:

Good grief. They say this same thing EVERY. FREAKIN’. YEAR. 

🤬 
 

Yep same **** .. Different day ..

[DinarThug]

3 hours ago, ChuckFinley said:

And we are talking baby steps. lol

Maybe We Can Get The Bro’s To Help Step It Up !  

 

Well At Least I Like Their Crockett And Tubbs ‘Miami Vice’ Soft Pastels Attire ...

 

     

[Pitcher]

Great article Thugs. The hell with baby steps.  Let’s ram this sucker through and get the Damn Dinar RV’ed.  That might be the only thing that keeps the ME from war!!

 

 

[ChuckFinley]

7 hours ago, DinarThug said:

Maybe We Can Get The Bro’s To Help Step It Up !  

 

Well At Least I Like Their Crockett And Tubbs ‘Miami Vice’ Soft Pastels Attire ...

 

     

Love it Thug. I am wondering how many got the Miami Vice reference.   

[DinarThug]

LINK

The central bank confirms its continued pumping of the dollar into the market and warns of rumors

 

 

 

6th January, 2020

 

 

Today, the Central Bank of Iraq announced its continuation of pumping the dollar to the local market, warning of rumors deliberately broadcast by some media and communication sites.
 

And the official Iraqi News Agency quoted the bank as saying, "We are continuing to pump the dollar to the market and warn of rumors."

Today, the dollar exchange rate rose to 123,000 dinars per 100 dollars after Trump's threats to impose sanctions on Iraq. 

 

 

##############

 

LINK

The central bank: are able to curb any rise in the price of the dollar in local markets

 

6th January, 2020

The Central Bank of Iraq confirmed, on Monday, that it is able to curb any rise in the price of the dollar in the local markets, indicating that the slight increase that the markets are currently experiencing is just expectations.

Director General of the Financial Operations and Debt Management Department Mahmoud Dagher at the Central Bank said in an interview with Alsumaria News that "the bank is able to curb any rise in the exchange rates of the dollar in the local markets," noting that "what is happening now is a slight increase in the prices of the dollar, which is not affecting It is caused by expectations, interpretations and justifications resulting from the nature of the political statements and the position of the last parliament.

 

Dagher stressed that "the bank is ready to fulfill any market demand and with any amount of dollars it needs, and this is the bank's policy that is based on continuous coverage of all requests for imports or cash requests and will continue to do so." He continued, "The Central Bank of Iraq, the Federal Bank and the rest of the other banks in which our reserves are located are not significantly affected by the policy."

 

It is noteworthy that the domestic market witnessed today, Monday, a rise in the exchange rates of the dollar against the Iraqi dinar, to reach 1223 thousand dinars per dollar, after it had been stable and for long periods at 1221 thousand dinars to the dollar.

[DinarThug]

What The Fluct Is A Fluctuating ‘Fluctuation’ ?

 

     

 

 

LINK

Fluctuating "fluctuation" in the exchange rates of the dollar against the dinar .. And clarification from specialists

 

 

6th January, 2020

The exchange rates of the dollar against the Iraqi dinar recorded today, Monday, a "worrying" rise in the midst of the current events and the tense Iraqi-American political situation, while economic specialists sent "assurances" in this regard.

Al-Kifah and Al-Harithiya Stock Exchange recorded the purchase price of the dollar at (122,500), and the selling price of (123,000). Citizens in a number of southern governorates emphasized that the dollar exchange rate varied between the governorates and exchange, while all indicated a high exchange rate. This fluctuation in the exchange rate of the dollar comes in the midst of the rapid events and the political crisis in Iraq, as US President  Donald Trump threatened to impose sanctions on Iraq "he had not seen before", amid the government's insistence on removing American forces from Iraq.

In the context, economic specialists stressed that the rise in the dollar exchange rate against the dinar is "temporary" and will end tomorrow.  And the page, "Iraqi Economists," published a blog followed by "Iraq," which reads, "The rise in the exchange rate of the dollar against the Iraqi dinar is my time due to the frequent holidays related to last Wednesday and due to market speculation." She pointed out that "the rise will end when the window for selling the currency is opened tomorrow."

[DinarThug]

LINK

Diyala announces the success of the belts plan to protect the markets from counterfeit money

 

 

 

22:33 - 01/05/2020

 

 

On Sunday, the security committee in the dissolved Diyala Council announced the success of the belts plan to protect the markets from counterfeit money.

The head of the Security Committee in the Diyala Council, Sadiq Al-Husseini, said in an interview with "The Information", that "2019 witnessed the implementation of a distinguished plan by the security forces to protect the markets from counterfeit money, whether it is Iraqi or foreign currencies that represent serious economic crimes."

Al-Husseini added, “The belts plan, which came into effect since the beginning of 2019, constituted an important turning point in uniting all efforts to confront the promoters of counterfeit money in the markets. Very much in light of the intensive security efforts and the cooperation of many segments of society with the security services in the immediate reporting of any information.

[siberian_shaddow]

The belts plan has been around for years, my parents use that plan it worked great just hung right on the stairs banister. 😁😁

[DinarThug]

The central bank reassures citizens about the dollar reserve

 

Monday 06 January 2020

 

 

Baghdad / Al-Sabah 

 

The Central Bank of Iraq reassured the Iraqi people about the Iraqi reserves of the dollar, stressing its continued pumping of the dollar to the market, while warning of rumors that there are problems impeding the flow of the dollar.

The Director General of Financial Operations and Administration at the Central Bank, Mahmoud Dagher said: "Iraq’s reserves and external assets are obligated in the custodian of these deposits, bonds, cash, or gold to be paid upon request."

He pointed out that "the flow of money to cover imports and the needs of the dollar is reassuring and there is no real justification for fear in relation to economic changes." He added that "Iraq’s reserves are present in all countries of the world and not only the Federal Reserve," noting that "central banks do not deal with reactions from contradictions." Or tugging. "

Dagher pointed out that "the central bank continues to pump the dollar to the market on demand, and there is no problem that impedes the flow of the dollar to the markets." In the same context, a member of the Parliamentary Commission on Economy and Investment, independent MP Abbas Al-Atafi, said in a press statement: "Iraq has the ability to manage the oil file in addition to energy, as it owned many companies that work for it to manage these areas, away from America."

He added, "Iraq does not need America with regard to oil or energy, as today it needs to preserve its sovereignty from American interference and its violation of Iraqi sovereignty and international norms."

Al-Atafi stressed, "The absence of any economic concerns about Iraq by boycotting it and removing the American forces from its lands, in addition to the absence of any financial concerns, especially that Iraq is able to manage the stage on its own."

LINK

[DinarThug]

LINK

Al-Bawi: Iraq will not be economically affected by any US sanctions that may be imposed on it

 

 

 

08:41 - 07/01/2020

 

 

Political analyst Hazem Al-Bawy said on Tuesday that Iraq would not be affected economically if sanctions were imposed on him by the American side, pointing out that Iraq has vast fortunes and oil that the countries of the world can never dispense with, in addition to a currency that cannot be targeted with sanctions.

Al-Bawi said in a statement to the "information", that "America will face the difficulty of passing the decision to impose the embargo by a unilateral manner on the Iraqi people without an international mandate," noting that "there are data that confirm that Iraq is not affected by the way it is promoted by local media." And Arab and international as well as networking sites, and as it is known that Iraq prints its currency in Switzerland means a currency backed by a dollar in addition to gold, which is not a local currency lost for monetary value.

He explained that "Iraq is the fourth source of oil in the world and the second reserve of oil storage, and it is not possible to dispense with Iraqi oil, but it is impossible to neutralize its oil in a manner that is intimidated in the media," noting that "the Central Bank of Iraq has a reserve of the dollar amounting to 52 billion dollars, In addition to external bonds estimated at $ 88 billion, as well as 67 million tons of gold possessing storage outside the state’s accounts and budgets.”

He noted that "there is information confirming that there are close to a trillion dollars in private funds in cash with the people, and it is possible to add Russian President Vladimir Putin's assertion to what was put forward when he said that Iraq today is not Iraq of the nineties, which was an outcast from the international community." 

[Pitcher]

Thanks Thugs, another Iranian stooge acting all tough with our 52 B.  Stop the Auctions and see how far that goes Al-Bawlly.   

[DinarThug]

LINK

Iraq begins work on two projects within the Chinese agreement

 

8th January, 2020

 

The financial advisor to the Prime Minister, Mazhar Muhammad Saleh, said that Iraq started working on two vital projects in the oil and energy sectors within the agreement signed with the Chinese side

Saleh said in a dialogue held in cooperation with the Iraqi Economic and Political Center, that "the agreement entered into force as of the first of October and since the beginning of this year, nearly half a billion dollars has entered the balance of the sovereign account of Iraq with China

He pointed out that this return is the result of "exporting 100 thousand barrels per day" and it will be spent to finance infrastructure projects in Iraq

The financial advisor emphasized that "Iraq started working on two projects within the Chinese agreement, namely; building a project of a thermal power station in northern Baghdad with a capacity of 1400 megawatts and a project for strategic oil storage in southern Iraq

He pointed out that the agreement with China extends for 20 years to rebuild dilapidated infrastructure in Iraq

Saleh added that Iraq is likely to raise its oil exports to China to 300 thousand barrels per day instead of 100 thousand b/d if he sees his interest as necessary

[DinarThug]

https://cbi.iq/news/view/1378

Confirmation of compliance with the regulations governing the work of brokerage firms selling and buying foreign currency

 

 

8th January, 2020

 

To / brokerage firms buying and selling all foreign currency ( imam)

 

We affirm commitment to what is stated in the regulations governing the work of
brokerage firms by buying and selling foreign currency No. (1) for the year 2018
and not to engage in any prohibited activity according to the above controls

[DinarThug]

LINK

Trade Bank of Iraq

 

8th January, 2020

 

A video showing how to use electronic cards in the cash withdrawal process of the Iraqi trade bank atm.

 

 VIDEO LINK

[DinarThug]

13 hours ago, DinarThug said:

Iraq begins work on two projects within the Chinese agreement

 

LINK

Iraq begins depositing money with China and increasing its oil exports to it

 

 

 

1/8/2020 7:29 PM

 

 

 

The financial advisor to the Prime Minister, Mazhar Muhammad Salih, said that Iraq started working on two vital projects in the oil and energy sectors within the agreement signed with the Chinese side.

Saleh said in a dialogue held in cooperation with the Iraqi Economic and Political Center, that "the agreement entered into force as of the first of October and since the beginning of this year, nearly half a billion dollars has entered the balance of the sovereign account of Iraq with China." He pointed out that "these revenues result from the export of 100 thousand barrels per day and will be spent to finance infrastructure projects in Iraq."

The financial advisor emphasized that "Iraq started work on two projects within the Chinese agreement, namely; building a project for a thermal power station in northern Baghdad with a capacity of 1400 megawatts and a project for strategic oil storage in southern Iraq." He pointed out that the agreement with China extends for 20 years to rebuild dilapidated infrastructure in Iraq. And Saleh continued that Iraq is likely to raise its oil exports to China to 300 thousand barrels per day instead of 100 thousand b / d if he sees his interest as necessary.

On September 23, Iraq and China signed eight agreements and memoranda of understanding. The agreements and memoranda of understanding included the financial, commercial, and security fields, construction, communications, culture, education and foreign affairs.  

In the forefront of the agreements and memoranda of understanding signed, the agreement to implement the framework agreement mechanisms between the Ministry of Finance and the Chinese Credit Guarantee Agency (Sainh Shore), the agreement on economic and technical cooperation, a memorandum of understanding between the Iraqi Ministry of Finance and the Chinese Ministry of Trade on cooperation for post-war reconstruction in Iraq, and a memorandum of understanding between The Ministry of Communications and the Chinese Office of Satellite Navigation, a security memorandum of understanding between the Iraqi Ministry of Interior and General Security in China, and a memorandum of understanding between the Iraqi and Chinese foreign ministries regarding the lands designated for the two diplomatic missions And a memorandum of understanding between the Ministry of Higher Education and the Information Office of the State Council to establish a Chinese library at the University of Baghdad, and a memorandum of understanding for cooperation program Executive Althagava.

 

Edited January 9, 2020 by DinarThug

[DinarThug]

1-9-2020   Newshound/Intel Guru Walkingstick    

the CBI has told us that all banks in Iraq are going to receive the 50,000 and the 100,000 freshly printed bills...

The reason for it is because the CBI is now lessening the amount of 10k and 25k notes in the inventory of Iraqi banks. 

They want to get more of the three zeros...

the CBI is sending 50k and 100k notes only to be used from bank to a bank. 

Each bank is getting a different specific amount. 

Each bank must send to the CBI in return either 4 - 25K notes or 10 - 10K notes. 

We [walkingstick's firm] have not received them yet.  Some banks have. 

We believe we will be next. 

They are only to be used from bank to bank not for circulation.  

The 50k and 100K are not to be introduced to the citizens. 

They are to introduce the small category notes when told on their schedule. 
This is being used to remove the three zeros notes from the banks not to draw them in - that was already done...

[DinarThug]

LINK

The central bank sets the price of the dollar and reassures citizens

 

 

 

9/1/20 11:23 PM  

 

The Iraqi Central Bank set the exchange rate of the dollar in local markets after its rise locally due to the crisis and the military escalation between Iran and America.

The Central Bank attributed the reasons for the recent rise in the exchange rate of the US dollar against the Iraqi dinar to the increased demand for the dollar due to rumors that circulated in the markets about the possibility of the outbreak of a future war in light of the tension in the region. The bank’s director in Basra, Qasim Raheef, said in a press statement that the increased demand for the dollar contributed to the rise in prices against the limited supply, stressing that the rise did not come through systematic policies, but rather through rumors.

Raheef added, The price of buying and selling for the dollar reaches between (122 to 123) thousand Iraqi dinars for the $100 class paper, while reassuring citizens in the province that the central bank controls the dollar prices while calling on citizens not to be afraid of the rise in its price. He pointed out that this rise will disappear in light of the bank's offer of this currency and its pumping, indicating that more than 150 million dollars are being pumped into the markets daily in general in Iraq to control the sale and purchase of the currency.

It is noteworthy that the price of the dollar rose from 1200 dinars two days ago to 1230 dinars today, which is a significant increase during a short period of time. This rise coincided with the heightened tension between Washington and Tehran in the wake of the assassination of the Quds Force commander Qassem Soleimani with an American strike in Iraq last Friday.

[DinarThug]

LINK

Sources talk about the Central Bank pumping $ 600 million to control local market prices ... ended in the money laundering line

 

7th January, 2020

 

Social media pages circulated, Tuesday, January 07, 2020, news that the Central Bank of Iraq pumped through the currency auction about $ 600 million to control "partial fluctuations" in commodity prices and the exchange of the dollar, against the backdrop of Sirte rumors In the Iraqi domestic market, America is preparing to impose a blockade on the Iraqis.

Indeed, there were partial fluctuations, on Monday, for hours in the exchange rate of the dinar against the dollar, which forced the Central Bank of Iraq to open its dollar auction, with four windows, to control prices

The exchange rate of the dollar rose Monday to 123,000 dinars per 100 dollars, after Trump's threats to impose sanctions on Iraq

The management of the Central Bank of Iraq, said on Monday, that it "continues to pump the dollar into the market, and warn of rumors

According to the obelisk monitoring of those pages on Facebook, most of the central’s sales ended in "external transfers," indicating that its total reached "85 million dollars, while it was directed to the local market

According to experts and specialists, the profits obtained by these banks from the currency auction make these banks, some of which were established without an audit that goes without the direction of the market and bear the risks and loans within the framework of providing the service to the citizen and thus the currency auction has become a "hole in the state treasury with the knowledge of the highest authorities that She did not move a finger to correct his danger, despite constant warnings of his danger

And economist Abdel-Rahman Al-Mashhadani says, "15% of the Central Bank's sales through the auction go as money laundering," noting that "the Parliamentary Finance and Economic Committee spoke about that and all government agencies were unable to stop the auction and continued to drain the hard currency because of its association with large political figures

Economists believe that the bank’s administration will issue “urgent instructions, which stipulate reducing the amounts of foreign transfers and increasing the dollar’s offer locally” in order to control the exchange rate

A few hours after President Donald Trump threatened, on Monday, to impose severe sanctions on Iraq, if Baghdad asked Washington to leave the American forces from the country, the Iraqi dinar exchange rate rose on Baghdad stock exchanges and exchange shops, amid fears of high commodity prices. An end to the Central Bank, to announce that it is continuing to pump the dollar into the local market, warning of rumors deliberately broadcasted by some media and social media

Commenting on that, the financial advisor to the Prime Minister, Mazhar Muhammad Salih, said that "what is published about the state of the economy from the scenario of imposing possible US economic sanctions on our country comes in its essence to cause a bit of panic and a wave of psychological warfare

Saleh believes that the United States of America "does not intend to take full revenge against Iraq, except a wave of the machine of media threats in the context of political pressure until the moment. On the ground, nothing harmful to the national economy has happened, except for individual behavior, summed up by anxiety and reckoning

Saleh says, Tuesday, January 07, 2020, that the central bank is able to control the market and the levels of liquidity in it, as it has the means to interfere with any harmful speculative waves that occur in the exchange market due to its high reserves

In the event of a negative economic embargo, sanctions, or boycott by the US, affecting 40 million Iraqis, Saleh considers it an "American adventure", losing its geopolitical interests in West Asia

[DinarThug]

LINK

Parliamentary Economy: Iraqi dollars are smuggled out of the country through fake companies and connections

 

 

 

10:15 - 10/01/2020

 

 

The Parliamentary Economy and Investment Committee confirmed on Friday that the central bank sells large amounts of dollars per day in order to control the exchange rate, pointing out that the dollar is fleeing the country through companies and fake connections.

Committee member Nada Shaker said in a statement to "Information", that "the central bank possesses large stores of dollars and sells huge amounts of currency daily, despite the current state of tension in the country."

She added that "the high dollar exchange rate in the local markets does not have any justification, especially as the central bank controls the sale of the dollar."

She indicated that "the financial market of the Central Bank sells large amounts of dollars daily, but these funds fall within the category of corruption, as there are many fictitious receipts and companies that do not exist, and therefore there is a leak and smuggling of hard currency outside the country." 

[DinarThug]

LINK

Al-Rafidian announces the outcome of the completion of granting loans to citizens during last November

 

 

10th January, 2020

 

Friday, the Rafidain Bank announced the completion and granting of all kinds of loans to citizens during the month of November.

The media office of the bank said in a statement that Mawazine News received a copy of it, "The outcome of the loans granted to citizens last November was to grant construction loans in a plot of land (75) transaction and small projects loans of 15 million dinars, where (194) were granted." Loan."

The statement indicated that "citizens wishing to purchase apartments with the protection of housing were loaned to them, as 153 transactions were granted to citizens, and car loans were granted to (497) transactions and transaction loans for financial facilities (20) transactions, in addition to that, doctors' loans of various specialties were granted to (25) Scientific Research Funding Loans (28) borrowers and Shorja and Karrada fire loans to (2). 

[DinarThug]

LINK

Russian experts: The American-Iranian conflict in Iraq creates conditions for Kurdistan to expand autonomy

 

10th January, 2020

On January 10, 2019, Russian experts talked about the ongoing escalation between the United States and Iran and its impact on Iraq. 

Iraqi security and political analyst Hussein Allawi believes that the Iraqi government did not intend to completely expel the American army from its territory. Moreover, cooperation with the United States remains crucial to the Iraqi side.

He continued, saying: "The Iraqi government has a strategic agreement with the United States of America, and it has an agreement within the international coalition mission, and the Iraqi state and the encouraging stream of the Iraqi state does not now want to dissolve this agreement with the Iraqi-American coalition in the fight against terrorism and support for the democratic system in the country, and the situation now is intended It has more jurisprudence than a state’s decision, and this requires thinking about the costs and impact on the issue of relations with the United States, as well as reducing the weaknesses in US-Iraqi relations.

In the opinion of the expert in the Russian Council for Foreign Affairs Gregory Lukyanov, that Iraq has become a hostage of US-Iranian relations, while the situation is exacerbated against the background of the continuing hot conflict, so it is time for Iraq to search for a third way.

"Iraq no longer exists according to the model of 2003, because of the active penetration of Iran and the United States. In fact, Iran and the United States imposed a dual guardianship over Iraq, and this excessive guardianship of the two powers made Iraq hostage to their conflict, so in present circumstances Iraq will have to search for a way out," he added. From this situation, this is done through developing internal resources and searching for new partners, including in the Gulf states. Moreover, Iraq must again become an active player in regional politics, but this will require maximum pressure on internal resources, and consolidation. The positions of all actors in th The political process. This is a very difficult task, but the movement towards its solution has already begun from the United States of America and Iran and the pursuit of a new Iraq in the short and medium term, and it is unlikely that Iraq will be able to get rid of the influence of these two superpowers.

The Russian expert warned about the silence of the Kurds, pointing out that under these circumstances, they can present an unpleasant surprise to Baghdad, Lukyanov said: "In the current crisis, the Iraqi Kurds have not yet spoken, while the hot American-Iranian conflict may create the conditions for a new attempt by the administration Iraqi Kurdistan to expand autonomy until independence."