After More Than A Month Of The Parliamentary Movement .. Setting An Official Date For The Questioning Of The Governor Of The Central Bank: Will The Dollar Price Return To 120 Thousand?

[DinarThug]

23 hours ago, horsesoldier said:

DAMN !!!! There’s a Perfect 10 for sticking a First Class Landing!!!

He Should’ve Been Wearing His Seatbelt !  

 

 

And A ‘Face-Plant’ Mask ... 

 

     

[DinarThug]

2 minutes ago, DinarThug said:

And A ‘Face-Plant’ Mask ... 

 

     

 

 

 

     

[DinarThug]

Iraq invests its money "externally" in giant projects, banks and companies: billions of dollars enter the treasury by "copying an Arab plan"!

2021-01-28

 

Yes Iraq - Baghdad

 

There are successive proposals to push for the transfer of global experiences surrounding Iraq in several economic fields to avoid such a financial crisis that occurred months ago and continues to this day.

Yasser Saeed - a student with a BA in financial and banking sciences, wrote to him on the Iraqi Economists Network website on Facebook: It is the small state of Qatar in area and population, and very large in the world of business and money, so what is the reason for Qatar’s success and overcoming the blockade crisis without suffering ?, indicating that the most important reasons are Simply it is the "Qatar Investment Authority".

 

Added: The beginning; In 2005, the Qatari government issued a decision to establish a "Qatar Investment Authority", which is a sovereign wealth fund, to manage surplus oil and gas, and to invest surplus funds in domestic and foreign investment.

 

He continued, "Locally, the agency is the largest investor in the Doha Stock Exchange, Qatar National Bank and the Urdu Communications Company, which operates in 12 countries around the world. Externally, the agency plays a vital role in foreign investment. In Britain, Qatar invests $ 45 billion." This includes investment in the Shard skyscraper in London and owns stakes in Royal Dutch Shell Energy and retailer Sainsbury's. The agency owns a 5.9 percent stake in the British Barclays Bank, which is one of the largest local banks in Britain.

 

He explained: The device also acquires 20% of the British Heathrow Airport, which is one of the largest airports in the world, in addition to the ownership of one mile square. Known as Canary Wharf, the icon of large banks and companies in the heart of London, as well as other investments in Britain.

 

He pointed out that in Switzerland, Qatar acquires the “Burgenberg” hotel, which is one of the architectural masterpieces in the capital, Geneva. In Germany, Qatar owns 10% of the shares of the Porsche Automobile Company. In France, the agency owns the "Paris Saint-Germain" club, which includes a Qatari presidency.

 

In the United States of America, Qatar's investments in the American economy amount to 100 billion dollars distributed in the fields of finance, real estate, health sector, information technology and other arts, and it seeks to increase another 45 billion dollars during the coming period.

 

He pointed out that just as the agency acquires 25% of St. Petersburg airport as well as other investments in Russia, as for Asia, Qatar may export half of its gas exports to Hong Kong, Taiwan, South Korea, Japan and China.

 

It recently bought 10% of the Istanbul Stock Exchange, and also owns 79% of the Turkish Banvit Poultry Company.

The agency’s assets amount to 338 billion dollars and it is the ninth largest in the world. The Qatari economy does not depend on the energy sector only, as the non-oil sectors represent 61% of the total state revenues.

 

And he said: In this simple review, it shows the extent of the diversity of Qatari investments that gave them a great global name without them, no one would have been able to find Qatar on the map, and this is evidence of its strength, either for a country like Iraq that should benefit from this Qatari experience.

 

International organizations' expectations indicate an increase in demand for oil this year, as Corona virus is expected to recede due to the emergence of the vaccine, which will revive global markets.

 

Oil prices are expected to rise and the Iraqi market will recover, as surplus funds are invested as a country does

 

Saeed said: Qatar and other countries can enhance the budget of Iraq, so that Iraq avoids every year the problem of financial deficit in the budget.

 

Saeed added: Investment can enhance the status of the Iraqi individual between countries, as international relations cannot be built through official telegrams and diplomatic visits only, as well as the establishment of the fund and its management under qualified people. This fund could be an important tributary for the balance with oil exports, which is the umbilical cord. For the Iraqi people.

 

 

Saeed concluded: This photo is of the Canary Wharf neighborhood in London, which is owned by the Qatar Investment Authority.

LINK

[horsesoldier]

3 minutes ago, DinarThug said:

He Should’ve Been Wearing His Seatbelt !  

 

 

And A ‘Face-Plant’ Mask ... 

 

     

If’n he wasn’t wearing dentures at the point of launch.... sure as shooti’n he’ll be wearing them now. 
That’s about the most graceful air drop I’ve seen. The 3 Stooges couldn’t have done better.... yeah, it’s damn funny to watch that kinda pain cuz it ain’t you, huh. 

[horsesoldier]

3 minutes ago, DinarThug said:

Iraq invests its money "externally" in giant projects, banks and companies: billions of dollars enter the treasury by "copying an Arab plan"!

2021-01-28

 

Yes Iraq - Baghdad

 

There are successive proposals to push for the transfer of global experiences surrounding Iraq in several economic fields to avoid such a financial crisis that occurred months ago and continues to this day.

Yasser Saeed - a student with a BA in financial and banking sciences, wrote to him on the Iraqi Economists Network website on Facebook: It is the small state of Qatar in area and population, and very large in the world of business and money, so what is the reason for Qatar’s success and overcoming the blockade crisis without suffering ?, indicating that the most important reasons are Simply it is the "Qatar Investment Authority".

 

Added: The beginning; In 2005, the Qatari government issued a decision to establish a "Qatar Investment Authority", which is a sovereign wealth fund, to manage surplus oil and gas, and to invest surplus funds in domestic and foreign investment.

 

He continued, "Locally, the agency is the largest investor in the Doha Stock Exchange, Qatar National Bank and the Urdu Communications Company, which operates in 12 countries around the world. Externally, the agency plays a vital role in foreign investment. In Britain, Qatar invests $ 45 billion." This includes investment in the Shard skyscraper in London and owns stakes in Royal Dutch Shell Energy and retailer Sainsbury's. The agency owns a 5.9 percent stake in the British Barclays Bank, which is one of the largest local banks in Britain.

 

He explained: The device also acquires 20% of the British Heathrow Airport, which is one of the largest airports in the world, in addition to the ownership of one mile square. Known as Canary Wharf, the icon of large banks and companies in the heart of London, as well as other investments in Britain.

 

He pointed out that in Switzerland, Qatar acquires the “Burgenberg” hotel, which is one of the architectural masterpieces in the capital, Geneva. In Germany, Qatar owns 10% of the shares of the Porsche Automobile Company. In France, the agency owns the "Paris Saint-Germain" club, which includes a Qatari presidency.

 

In the United States of America, Qatar's investments in the American economy amount to 100 billion dollars distributed in the fields of finance, real estate, health sector, information technology and other arts, and it seeks to increase another 45 billion dollars during the coming period.

 

He pointed out that just as the agency acquires 25% of St. Petersburg airport as well as other investments in Russia, as for Asia, Qatar may export half of its gas exports to Hong Kong, Taiwan, South Korea, Japan and China.

 

It recently bought 10% of the Istanbul Stock Exchange, and also owns 79% of the Turkish Banvit Poultry Company.

The agency’s assets amount to 338 billion dollars and it is the ninth largest in the world. The Qatari economy does not depend on the energy sector only, as the non-oil sectors represent 61% of the total state revenues.

 

And he said: In this simple review, it shows the extent of the diversity of Qatari investments that gave them a great global name without them, no one would have been able to find Qatar on the map, and this is evidence of its strength, either for a country like Iraq that should benefit from this Qatari experience.

 

International organizations' expectations indicate an increase in demand for oil this year, as Corona virus is expected to recede due to the emergence of the vaccine, which will revive global markets.

 

Oil prices are expected to rise and the Iraqi market will recover, as surplus funds are invested as a country does

 

Saeed said: Qatar and other countries can enhance the budget of Iraq, so that Iraq avoids every year the problem of financial deficit in the budget.

 

Saeed added: Investment can enhance the status of the Iraqi individual between countries, as international relations cannot be built through official telegrams and diplomatic visits only, as well as the establishment of the fund and its management under qualified people. This fund could be an important tributary for the balance with oil exports, which is the umbilical cord. For the Iraqi people.

 

 

Saeed concluded: This photo is of the Canary Wharf neighborhood in London, which is owned by the Qatar Investment Authority.

LINK

Is there a NEW ARAB THEFT & GRAFT PLAN we’re not aware of ?????

[DinarThug]

8 minutes ago, DinarThug said:

And A ‘Face-Plant’ Mask ... 

 

     

Speaking Of Which - This Ayatollah A$$ Licker Is A Walking ‘Face Plant’ Any Time Somebody Lets Him Out Of The Basement ...   

 

     

 

LINK

Biden deals a blow to Saudi Arabia and the Emirates

 

28th January, 2021

The administration of US President Joe Biden has temporarily frozen arms sales to the Kingdom of Saudi Arabia and the United Arab Emirates, as it reviews billions of dollars of arms deals approved by former President Donald Trump.

The Wall Street Journal quoted US officials as saying that the review process includes the sale of precision-guided munitions to Riyadh in addition to F-35 fighters to Abu Dhabi, a deal Washington agreed to as part of the Ibrahim Agreements, according to which the UAE established Diplomatic relations with Israel.

The US State Department said that the new administration is reviewing sales, but has not made any decision on whether it will actually take place, describing the temporary suspension as a "routine administrative action" taken by most new administrations with large-scale arms sales, according to the Associated Press.

American officials said it was not surprising that a new administration had reviewed arms sales approved by the previous administration, and that despite the temporary pause, many deals were likely to eventually go forward. But in keeping with Biden’s pledges, Washington is seeking to ensure that US weapons are not used to reinforce the Saudi-led military campaign in Yemen, where the conflict with the "Ansar Allah" group has killed thousands of civilians and spreads hunger, The Wall Street Journal reported.

The US State Department stated: "The Department temporarily suspends the implementation of some US transfers and defense sales that are pending in the context of Foreign Military Sales and Direct Commercial Sales to allow the new leadership the opportunity to review."

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

Foreign Policy explains the reasons for Biden's decision to stop selling weapons to the Gulf states  LINK

[GreedyDinar07]

This article says it all! Iraq needs to take a page out of their play book and they did this with Natural Gas.

[horsesoldier]

Beijing Joe is doing precisely what his Globalist Masters ( China among them ) want him to do. Puppet on a string....the world truly is now in a world O POOP.

They own you.

[DinarThug]

The Ayatollah Probably Hasn’t Experienced A Jolt Like This Since Receiving A Carpet Shock In The ‘Ding Ding’ While Doing Some Yoga Stretches On His Magic Carpet !  

 

     

 

 

LINK

Biden's statements shock Iran

 

29th January, 2021

Iran was severely disappointed after the statements of the new US Secretary of State, Anthony Blinken, regarding US sanctions on Tehran and his assertion that they would not be lifted until the nuclear agreement is fully complied with, according to the "Guardian" newspaper.

The newspaper said that Blinken's comments led some Iranian officials to claim that the Biden administration was using the same negotiation tactics as the administration of former US President Donald Trump. And Anthony Blinken said Wednesday, a day after taking office, that "President Biden made clear that if Iran once again fulfilled all its obligations" to the 2015 agreement, "the United States will do the same." He added that Iran "has stopped fulfilling its obligations on several fronts. It will take some time if it takes this decision, to get back on the right track, and it will take time until we can assess whether it is fulfilling its obligations. We are still very far from that. This is the least possible. "Saying".

Iran asks for the opposite, and wants Washington to take the first step by lifting US sanctions before anything else. Blinken did not clarify how he intends to solve this problem. On Wednesday, he met his French, British and German counterparts who are very attached to the Iranian agreement. The Guardian notes that Blinken has "assembled a negotiating team with experience to deal with Iran, and may try to obtain a strong negotiating position before starting any talks."

The agreement is supposed to prevent Iran from developing a nuclear bomb. It was signed by the major powers, especially the United States under the presidency of Barack Obama, and the United Nations supported it.  But former US President Donald Trump unilaterally withdrew his country from the agreement in 2018, saying it was insufficient to curb Iran's nuclear activity and its "destabilizing activities" in the Middle East. 

Trump then re-imposed sanctions on Iran and gradually tightened them, and Tehran responded by gradually abandoning its obligations contained in the agreement.  Biden, who was Vice President Obama when the agreement was concluded, promised to resume dialogue and return to the agreement, considering that preventing Iran from developing a nuclear weapon is the most important priority.

 

Edited January 29, 2021 by DinarThug

[DinarThug]

LINK

Member of the Economy and Investment Committee, MP Riyadh Al-Tamimi praises the work of the Iraqi Company for Banking Services

 

 

29th January, 2021

The Chairman of the Investment Sub-Committee in the Parliamentary Economic and Investment Committee, Representative Riad Al-Tamimi, praised the work of the Iraqi Banking Services Company, despite the challenges and major problems it suffers from.

Al-Tamimi called on the Ministry of Finance to provide the necessary support for the company to maintain its work in a manner that ensures the achievement of its banking and monitoring objectives on the movement of funds between all governorates.

Al-Tamimi indicated that the volume of the work carried out by the company and the progress it has achieved in the field of electronic governance in its technical work and the adoption of the monitoring system for the fortified shuttles through satellites and the GPS system in the movement of money between Baghdad and the provinces as well as the modernization of its fleet of carriages transporting money, which made it one of the leading companies in its field of work.

Al-Tamimi explained that the company was able over the past years to double the efficiency of its work and achieve unprecedented financial returns to the state treasury and turn into a profitable company, calling on the Ministry of Finance to support the company to expand its work further and develop its mechanisms to activate the ATM service, electronic payment and other modern technologies to keep pace with the last Developments in the banking field.

[DinarThug]

 

[horsesoldier]

Talk all you like .....Iraq will only be a fertile land for investment only, after it has a competitive globally recognized currency - until then, continue to fill Balloons with your HOT air. 

[DinarThug]

The results of the devaluation of the Iraqi dinar

 

 

Friday January 29, 2021 - 18:32

 

Morning coffins

Economic Researcher

 

The Iraqi government decided, through the Ministry of Finance, to reduce the exchange rate of the dinar to finance the fiscal deficit with monetary issues. This decision has serious negative consequences, foremost among which is the deterioration of the citizens' already deteriorating living standards. However, the Ministry sees the reduction in several positive aspects.

On March 12, 2020, the Central Bank of Iraq website published a report by the governor entitled “Reducing the exchange rate of the Iraqi dinar. Limitations and alternatives. He highlights many disadvantages of lowering the exchange rate of the dinar, concludes that it is necessary not to resort to this process and suggests alternative mechanisms. This report, despite the valuable efforts exerted on it, does not address the real crisis of widespread corruption and mismanagement of financial affairs, especially from the spending point.

On December 19, the Ministry of Finance issued a decision to lower the exchange rate. And it listed various financial, commercial, investment, industrial and tourism gains.

 

Why is this apparent contradiction?

 

It appears that the central bank report was written before the outbreak of the Corona pandemic, which led to a decline in oil prices and thus to a decline in general budget revenues and a deterioration in the trade balance. These revenues decreased as of last May.

But the difference is wide between two things: The first is the timing of the currency devaluation decision. The second is the pros and cons of this process. The above justification is related to the first and not to the second. It is inconceivable that the devaluation of the dinar would lead to negative results before and after the Corona epidemic. The negatives and positives are related to the Iraqi economy and how it is managed.

The devaluation of the dinar resulting from issuances to finance the fiscal deficit necessarily leads to an inflation of the monetary mass, thus reducing the purchasing power of citizens. This negative impact across the board occurs in the presence or absence of this or that epidemic.

 It appears that the Central Bank has retreated from its point of view, as it participated, along with the Ministry of Finance and other institutions concerned, to prepare the white paper calling for the devaluation of the dinar and defending it vigorously.

The Ministry of Finance issued a statement addressed to citizens in the form of questions and answers. The ministry’s opinion includes the implications of lowering the exchange rate of the dinar. We will discuss this opinion here and focus on five points.

  

Imported goods

 

According to the ministry's statement, the prices of "some commodities will rise at once to compensate for the exchange rate adjustments. The exchange rate adjustment should encourage the growth of domestic alternatives to imports. In due time, this will lead to price stability ..." The Ministry believes that the growth of these alternatives will lead to many positive results, including an increase in job opportunities.

The ministry's answer is vague, raises many questions, and is inaccurate. When do commodity prices rise once, twice, or multiple times? What is the meaning of good time? In fact, the devaluation of the exchange rate leads in all countries to higher prices for imported goods. Which affects the standard of living of citizens. And the vulnerability increases because of the importance of imports in the Iraqi rentier economy. The matter does not stop at various industrial tools, but rather extends to the main food products and energy.

Naturally the imports are in dollars. And since the rate of reduction of the dinar was 22.6%, the prices of imports rise, as a general rule, at the same rate.

The ministry is trying to link the devaluation of the dinar to improving local products. This link was repeated in the statement under study six times. This indicates the ministry's keenness to convince citizens of the positive results of the reduction. In her estimation, it increases domestic production, and thus unemployment and poverty. The balance of payments position improves as imports decrease, thus increasing foreign exchange with the central bank. Then the exchange rate rises.

In fact, these conclusions drawn from theory and applications of industrialized countries are not valid in Iraq. One of the peculiarities of Iraq is that the value of manufacturing industries is continuously declining, until it is currently at 2% of GDP. This is a weak rate compared to even the poorest countries in the world. Agriculture suffers from the same decline. Note that agricultural and industrial commodity production was occupying a prominent position at the end of the eighties of the last century.

This deteriorating situation resulted from the combination of several factors, foremost among which is the almost total dependence on oil revenues in all fields. Neglecting spending on scientific research and technological development. Widespread financial and administrative corruption. Violent internal conflicts that exhausted citizens and led to a decline in the country's international rankings in all fields. Discouraging local laws. The infrastructure is deteriorating. Iranian hegemony against the progress of Iraq.

Only after effectively addressing these factors can monetary policy play a role in the advancement of the industry. On this basis, the devaluation of the parity of the dinar necessarily leads to a rise in the prices of imported goods without improving domestic production. It also reduces the value of people's savings.

 

Savings

 

The Ministry of Finance differentiates between two cases:

The first case if the savings are in dollars. Adjusting the exchange rate leads to an improvement in its value.

The second case if the savings are in dinars. A person would earn a return on it if it was in the banks.

According to the ministry, the devaluation of the dinar leads in both cases to gains. This position has nothing to do with scientific analysis and objectivity in the proposition. It neglects the most important and broader case of the savings of individuals without going through the banking institution or in a foreign currency. This money necessarily loses its purchasing power.

Nor should it be said that the reduction leads to an improvement in savings in dollars. The ministry confuses value with quantity. There is an increase in the number of dinars, but there is no improvement in its value.

As for bank deposits that receive interest, they have lost their value due to the depreciation. The exchange rate of the dollar moved from 1182 dinars to 1450 dinars, meaning the value of the dinar decreased by 22.6%. Thus, in order for the value of these funds not to be affected, the interest rates must be at least equal to this ratio. At present, the deposit interest rate is only 7%. Meaning, these deposits lost 15.6% of their value. The lower the incomes, the greater the suffering.

 

Those with limited incomes

 

The Ministry of Finance poses the following question: What is the effect of the exchange rate on people with limited incomes? It provides the following answer: The government will take measures to offset the negative consequences of the exchange rate adjustment on the poor: increase social welfare allocations.

Indeed, social welfare allocations increased from 3.1 trillion dinars in 2020 to 5.0 trillion dinars in 2021. However, this increase does not address the problem created by the devaluation of the dinar for three reasons: First, because the amount of the increase is small compared to the size of this problem. And secondly, because the rise includes a fake increase equivalent to the rate of the dinar reduction. And third, because the draft budget for 2021 imposed several additional taxes that would put pressure on the citizens' standard of living.

Upon returning to the Ministry's question and answer, we notice the weakness of the methodology from two aspects: The first aspect is that the question must relate to the effect of reducing the exchange rate and not the effect of the exchange rate. And such imbalance is repeated in several paragraphs. The second aspect is that her answer is not related to the question posed. It was necessary to refer to the negative repercussions and not to government measures. Undoubtedly, those with low incomes suffer from the consequences of the devaluation of the dinar represented by the increase in the prices of goods and services more than those with higher incomes.

 

 Retired

 

The Ministry divides retirees into three categories according to their place of residence.

First class: Residents of Iraq. The ministry does not see any negative impact on the level of their salaries.

The second category: Residents of the Gulf, Jordan and European countries. The purchasing power of their salaries changes due to the reduction.

Third class: Residents of Turkey, Egypt, Lebanon and Iran. The purchasing power of their salaries will not change because the currencies of these countries have fallen against the dollar.

Once again the answer suffers from a clear methodological flaw. It depends on the salary level when it comes to retirees residing inside. While it is based on the purchasing power of the salary when it comes to retirees residing abroad.

There is no doubt that the reduction does not affect the salary level, whether the person is employed or retired, and whether he is residing inside or outside the country. The cash reduction has nothing to do with the size of the salary but rather to its purchasing power. Of course, the size of the salary may decrease, but not because of a cash cut, but as a result of completely separate procedures.

Because of the high prices of goods and services, the retired person is harmed in this, the case of any other person residing inside. As for those who reside abroad, the purchasing power of their salary falls wherever it is found. What applies to the retired resident abroad is true for the Iraqi tourist.

 

Travelers abroad

 

The ministry believes that Iraqis traveling to Turkey, Lebanon, Egypt and Iran will not be affected by the devaluation of the dinar because the currencies of these countries fell against the dollar. Meanwhile, costs for travelers to Europe, America and other industrialized countries are rising. 

The ministry compares the sums in the currency of the host country, which the Iraqi used to obtain years ago, and the sums in the same currency that he is currently getting. For example, an Iraqi allocates one million dinars for tourism in Egypt. Before November 2016, the dollar exchange rate was 11.5 pounds in Egypt and 1182 dinars in Iraq. One million dinars was equivalent to 9,729 pounds. Now, the dollar exchange rate is 15.7 pounds in Egypt and 1450 dinars in Iraq. That is, one million dinars became equivalent to 10817 pounds.

Of course, this comparison is incomplete and inaccurate. Deficient because it does not take into account the implications of the devaluation of the pound on consumer prices. The goods and services that an Iraqi tourist in Egypt gets in a million dinars is now much less than the goods and services that he used to get before 2016. It is inaccurate as it is necessary to know the value of one million dinars in the pound before and after the reduction of the dinar exchange rate. This is what is important. Six weeks ago, the value of one million dinars was 13282 pounds, then it has become now, due to the devaluation of the dinar, 10,817 pounds. That is, the dinar lost 22.6% of its value against the pound. It is, of course, the rate of decline of the dinar exchange rate against the dollar. The same analysis applies to an Iraqi residing in Egypt who received remittances from Iraq. There is no difference in that between one country and another.

It should be noted that transportation fares for Iraqi tourists have risen in dinars because they are specified in dollars.

 

The decision to reduce the par value of the dinar was taken for one reason only, which is to finance the budget deficit, which reached an unprecedented amount. The matter has reached such a degree of danger that the government has become the next option: either to stop fulfilling its financial obligations, foremost among which is not to pay employees' salaries or to reduce the exchange rate.

For this reason, the reduction does not yield positive results regarding local production, tourism, investment or employment opportunities. On the contrary, this monetary measure has several effects, all of which affect the decline in the standard of living of citizens, especially those with low incomes.

The devaluation of the dinar does not represent a solution to the financial crisis that the country has been suffering from for several years due to the failure of economic policy due to government options and rampant corruption. Rather, it is a logical and inevitable consequence of this policy. Hence, this crisis can only be addressed with a fundamental change in this policy.

 

 

Morning coffins

Economic Researcher

link

[DinarThug]

News Ticker

 

Saturday 30 January 2021 | 09:16 am

 

 

Because their demands were not implemented by the government ... a call for the launch of the largest march that Baghdad will witness tomorrow, Sunday

 

 

The largest march in the capital Baghdad will start tomorrow, Sunday, and will include all sit-ins (a united march), in the Alawi area. ”The organizing committee of the demonstration called on law-keeping forces (Homeland Protectors) to protect the demonstrators from any sabotage act by terrorist gangs, because the numbers that will come out are in the thousands

They need protection 

The march will start due to procrastination and unimplemented promises that affected all segments of society, which led the Iraqi youth to despair not to implement their demands, and that the sit-in will not end without an exception letter from the Prime Minister

The following are the names of the gatherings that will come out in the march:
1- Wages and contracts of the Ministry of Electricity's engineers. 
2- An uprising that brings together all specializations.
 3- Watan gathering for graduate degree holders. 
4- Contracts for all ministries.
 5- Media sit-in gathering. 
6- Engineers at B 9 (Al-Alawi Bridge). 
7- The Central Association of Institutes of Iraq. 
8- Sitters of law colleges in Alawi. 
9_ Association of Technology Institutes in Dhi Qar. 
10_ Volunteers of the Ministry of Defense. 
11_ Mutasim unified technical institutes. 

12\Administration and Economics. 
13- Administration and Economics 190.
14- Engineers 39.
15- Agricultural Engineers. 
16_The engineers of the Syndicate sit-in. 
17_ Qualifying Course 83.
18_ Veterinarians in front of the Ministry of Agriculture. 
19_ Chemical Engineering in front of the Ministry of Oil. 
20_ Higher diplomas in front of higher education. 
21_ Engineers of various specializations sit-in in front of the Ministry of Oil
22_ Oil Engineers sit-in at the Ministry of Oil

link

[DinarThug]

The British ambassador talks about his country's role in "supporting reforms" and arranging an Iraqi meeting with the IMF and the World Bank

 

 

12:03 2021/01/30

Baghdad today - Baghdad 

 

The British Ambassador to Iraq, Stephen Hickey, said that the visit of the Prime Minister, Mustafa Al-Kazemi to London witnessed the agreement with the International Monetary Fund and the World Bank to support economic reforms in Iraq, indicating that the Ministry of Finance is now in negotiations with the International Monetary Fund to obtain loans to support the economy and hold elections .

Hickey said in a televised interview on Friday and followed by (Baghdad Today), that "during the visit of the Iraqi government delegation, headed by the Prime Minister, Mustafa Al-Kazemi, to Britain, London took it upon itself to support the Iraqi economy and brought together the International Monetary Fund and the World Bank with the Iraqi government delegation, To support the economic reforms undertaken by Baghdad, and this is what is happening now, "indicating that" Al-Kazemi has an opportunity to achieve economic reforms and he receives security support from Britain and the European Union countries . "

He added, "The Minister of Finance, Ali Allawi, is now in negotiations with the International Monetary Fund, to obtain loans, to support the economy and prepare for elections ." The International Monetary Fund had recently announced that it had received a request for emergency aid from Iraq .

"The Iraqi authorities have requested emergency assistance under the Rapid Financing Instrument, in a long-term arrangement, to support the planned economic reforms," the fund said in a statement, adding that "discussions are ongoing regarding the authorities’ request for emergency assistance . "

On January 24, Finance Minister Ali Allawi told Bloomberg that Iraq was in talks with the IMF to obtain a $ 6 billion loan .

Allawi indicated that Iraq may request an additional $ 4 billion in low-cost loans from the International Monetary Fund's government reform program .

LINK

[DinarThug]

Wait, Ignore The Headline - I Had Nothing To Do With This !  

 

 

Pictures Or It Didn’t Happen ...

 

     

 

 

LINK

Al-Lakash accuses a member of the parliament’s presidency and his "Thug" of protecting the central bank governor from being questioned

 

30th January, 2021

Today, Saturday, former MP Muhammad Al-Lakash called on the Iraqi coalition to suspend its membership in Parliament until the questioning session of the Central Bank Governor is determined, accusing one of the members of the Presidency of the Council of Representatives and behind him the "thugs" and the corrupt representatives of obstructing the questioning after breaking the quorum.

Al-Lakash said in a statement, "While we emphasize the oversight role of the House of Representatives, which has been absent for 3 years from the beginning of the current parliamentary session, we notice that one of the members of the Presidency of the House of Representatives and behind him are some (thugs) and corrupt representatives, and they have always cracked our heads in the media for their possession of corruption files. They obstruct the questioning of the governor of the Central Bank and it was an appropriate opportunity for the bloc to which the governor belongs to acquit himself and renew his confidence in him through this interrogation and in a way (thieves do not become from the interrogation do not fear) not to expose themselves and obstruct this questioning and prejudge him as corrupt." 

He added, "This member of the Presidency is the one who refuses to lift the immunity of corrupt and fraudulent deputies and those involved in terrorist and criminal operations for which arrest warrants have been issued against them, as well as his refusal to dismiss absentee deputies who exceeded the set limit from absence, as well as not to allow winning representatives with decisions from the Federal Court to perform The constitutional oath and the exploitation of his position and influence in assigning some special ranks in favor of the bloc he belongs to.

[boosterbglee]

40 minutes ago, DinarThug said:

News Ticker

 

Saturday 30 January 2021 | 09:16 am

 

 

Because their demands were not implemented by the government ... a call for the launch of the largest march that Baghdad will witness tomorrow, Sunday

 

 

The largest march in the capital Baghdad will start tomorrow, Sunday, and will include all sit-ins (a united march), in the Alawi area. ”The organizing committee of the demonstration called on law-keeping forces (Homeland Protectors) to protect the demonstrators from any sabotage act by terrorist gangs, because the numbers that will come out are in the thousands

They need protection 

The march will start due to procrastination and unimplemented promises that affected all segments of society, which led the Iraqi youth to despair not to implement their demands, and that the sit-in will not end without an exception letter from the Prime Minister

The following are the names of the gatherings that will come out in the march:
1- Wages and contracts of the Ministry of Electricity's engineers. 
2- An uprising that brings together all specializations.
 3- Watan gathering for graduate degree holders. 
4- Contracts for all ministries.
 5- Media sit-in gathering. 
6- Engineers at B 9 (Al-Alawi Bridge). 
7- The Central Association of Institutes of Iraq. 
8- Sitters of law colleges in Alawi. 
9_ Association of Technology Institutes in Dhi Qar. 
10_ Volunteers of the Ministry of Defense. 
11_ Mutasim unified technical institutes. 

12\Administration and Economics. 
13- Administration and Economics 190.
14- Engineers 39.
15- Agricultural Engineers. 
16_The engineers of the Syndicate sit-in. 
17_ Qualifying Course 83.
18_ Veterinarians in front of the Ministry of Agriculture. 
19_ Chemical Engineering in front of the Ministry of Oil. 
20_ Higher diplomas in front of higher education. 
21_ Engineers of various specializations sit-in in front of the Ministry of Oil
22_ Oil Engineers sit-in at the Ministry of Oil

link

Maybe they should fence it off from the protest  😊

[kwg]

Come on Thug you know it was you 😂

[DinarThug]

2 hours ago, DinarThug said:

Al-Lakash accuses a member of the parliament’s presidency and his "Thug" 

 

15 minutes ago, kwg said:

Come on Thug you know it was you 😂

Shhh, Don’t Rat Me Out - I’m Totally Wearing Some Different Mascara With Rouge...

 

     

[DinarThug]

Saturday, January 30, 2021 07:20 PM

 

Al-Kazemi: There are those who exploited the blood of the Iraqis to obtain power and money ... and activists: Al-Maliki and all Iran's followers in Iraq

 

Iraqi activists on social media mocked the statements of Prime Minister Mustafa Al-Kazemi, that there are those who used the blood of Iraqis to obtain power and money.
Activists confirmed the first of these are the President of the Republic, Barham Salih, Mustafa al- Kazemi, Prime Minister, and Muhammad al-Halbousi, Speaker of Parliament.

As well as all former and current officials in Iraq after 2003, where everyone revolves around one orbit only, which is serving the Iranian mullahs' regime in any way at the expense of Iraq and its people.

The media office of the Prime Minister, Mustafa Al-Kazemi, said in a statement that "Al-Kazemi received the families of the martyrs of Tayaran Square."

During the meeting, Al-Kazemi said, "They told me that you should attend the funerals of the flying martyrs ... and I said I am a father and a brother to all those who fell without guilt in the streets of Baghdad, and my humanitarian and moral duty requires searching for just retribution."

He added, "The governor of Iraq has been called by ISIS gangs, we have been following his movements for months, and every time we try to eliminate him, we face obstacles, and after the aviation yard incident, I swore to the Iraqis that the blood of these innocent victims will not be wasted ... and the price will not be a leader here or there." Rather, the head of this penitential criminal gang.

He continued: "Your brothers in all the security, intelligence and military forces did not fail. They linked night and day in pursuing this criminal and those with him, who are the planners, perpetrators, and those involved in shedding the blood of our sons."

He pointed out, "When the zero hour came for retribution ... I prayed two rak'ahs, and took the order to attack, and praise be to God, the result was the heads of the organization," adding: "My message as head of the executive authority and commander-in-chief of the armed forces in the great Iraq : Iraqi blood is precious, and everyone who is involved in blood will suffer." The Iraqis will be punished by the just ... and this includes not only the martyrs of aviation and Salah al-Din, but all the martyrs of Iraq, including the martyrs of October. "

He stressed, "The blood of Mustafa Al-Kazemi or any Iraqi official is not more precious than the blood of the tea seller, Ali, Omar and Hussein in Tayaran Square ... or the martyrs of Iraq in Tahrir Square, Al-Haboubi, or Basra ... this power is fleeting ... but the blood does not go away ... Long horns do not erase blood. "

He stressed, "Enough bids and exploitation of the feelings of people who want to pass political projects and economic interests. There are those who exploited the blood of the martyrs of Iraq and became rulers and owners of billions and bought palaces and cars .. and with the blood of the martyrs of Iraq , two parties got rich .. ISIS and the outlaws, both of whom invest blood to obtain Your money and your rights. "

He pointed out, "The word of a martyr has been accompanying the Iraqis for many years, until we classify the martyrs. There are martyrs for military operations, and there are martyrs for demonstrations. Enough .. Every innocent Iraqi blood is a martyr in Iraq who has the same rights .. We submitted a law to the House of Representatives and I hope to pass it." ... it is shameful to classify Iraqi blood ... Iraqi blood is Iraqi blood, and this bears a great moral responsibility. "

He pointed out, "ISIS, and most importantly between us and among them the blood of Iraqis, and outlaws between us and among them the blood of Iraqis and the blood is one."

He concluded by saying: “The price of all this Iraqi blood is the state .. If we pay all this blood and have not reached the state, history will curse us all. The state is the guardian of your blood, my blood, and the blood of all Iraqis, and we must all build the strong, free and capable Iraqi state, and only then will we be cut back. For the pure Iraqi blood that shed for the sake of the state. "

Activists indicated that the one who exploited the Iraqi blood was former Prime Minister Nuri al - Maliki, the first client of the Iranian mullahs' regime in Iraq.

The activists demanded that, if he was sincere in his words, he would fight corruption in Iraq, then let him arrest all the corrupt, headed by Nuri al - Maliki and all the heads of the terrorist militia loyal to Iran, such as Hadi al-Amiri, Qais Khazali, Muqtada al-Sadr, and others ..

The " Baghdad Post " monitors the reactions of social media activists to the statements of Prime Minister Mustafa Al-Kazemi:

An account, "@ k6k1cTErtOTbCI1", said, "The victims of Iraq when Al-Maliki understand."

LINK 

[3n1]

3 hours ago, DinarThug said:

Activists indicated that the one who exploited the Iraqi blood was former Prime Minister Nuri al - Maliki, the first client of the Iranian mullahs' regime in Iraq.

The activists demanded that, if he was sincere in his words, he would fight corruption in Iraq, then let him arrest all the corrupt, headed by Nuri al - Maliki and all the heads of the terrorist militia loyal to Iran, such as Hadi al-Amiri, Qais Khazali, Muqtada al-Sadr, and others ..

 

 

3 hours ago, DinarThug said:

Iraqi activists on social media mocked the statements of Prime Minister Mustafa Al-Kazemi, that there are those who used the blood of Iraqis to obtain power and money.
Activists confirmed the first of these are the President of the Republic, Barham Salih, Mustafa al- Kazemi, Prime Minister, and Muhammad al-Halbousi, Speaker of Parliament.

As well as all former and current officials in Iraq after 2003, where everyone revolves around one orbit only, which is serving the Iranian mullahs' regime in any way at the expense of Iraq and its people.

 

thanks thugs where u been anyways 🤔 teaching at clown university  🤡

[DinarThug]

 

21 hours ago, 3n1 said:

thanks thugs where u been anyways 🤔 teaching at clown university  🤡

 

Ya, Mostly With Some Classes On ‘Advanced Ballon Animals And Whoopie Cushions’ !  

 

 

But I’ve Also Been Trying To Finish Up My Clown Doctorate With A Dissertation On ‘Next Level Silly String’...

 

     

[DinarThug]

LINK

Advisor to the Prime Minister: Creating new electronic payment cards that will enhance the advancement of services provided to citizens

 

 

31st January 2021

 

The financial advisor to the Prime Minister, Dr. The appearance of Muhammad Saleh, on Sunday, that the multiplicity of electronic payment companies and the introduction of new cards in the Iraqi market is achieving competition leading to the advancement of the services provided to the citizen

In an interview followed by Al-Eqtisad News, Saleh said that the creation of new electronic payment cards will contribute to creating competition that leads to the advancement of electronic services, especially when the electronic or digital payment card carries competitive advantages, such as the discount on goods and services from the national product when used in the settlement. Payments

Saleh indicated that by doing so, it will be a tool to spread competition within the national economy, and thus the electronic payment card and its use will be very practical in paying public service bills and raising the efficiency of revenue collection, as long as there are encouraging incentives when paying with the digital card, until the digital environment is fully integrated

In addition, the International Network for Cards for Electronic Payment Services Ltd. announced the (neo) application available in the (Apple Store) or (Google Play) store, through which it is possible to create an account with an electronic wallet, without the need to visit the company's headquarters or wait for long hours, and issue a card A digital visa that you can use for all your online purchases, or visit an authorized dealer to buy a gift card or request a travel card

The managing director of the company, Zaid Fawzi, affirmed that "our vision is that money must become digital and all citizens are dealt with electronic payment, especially under the circumstances of the Corona pandemic and after it, as we continue to provide the most secure, quality and easy visa cards for the Iraqi citizen, which meet all his needs with various different needs The methods of use in terms of the various features of our products

Fawzi indicated that the registration process in the application is according to the instructions of the Central Bank, and through the smart application, you can follow all your financial movements easily and safely. He pointed out that "the application provides an electronic wallet with a financial ceiling of up to 50 thousand dollars annually, and the citizen can easily charge it by visiting agents spread throughout Iraq, and create your digital card directly from the application and use it by purchasing from websites that support visa payment, promotion on social media sites and with the recharge feature." When needed, as soon as there is an amount of money in your electronic wallet

The plastic gift card product is distinguished by its availability at agents and in various categories, once you buy it closed from the agent, you can activate it in seconds in the application and directly use it online, ATMs and POS points of sale in three ways ((Chip- Swipe-Contactless) locally and internationally, and it is not refillable

As for the "plastic" travel card, any citizen can request it by visiting any authorized agent and receive it within an ideal period of time not exceeding two days as a maximum, with a financial ceiling of $ 10,000 and can be recharged immediately from the wallet. It is used with POS devices in three ways ((Chip- Swipe-Contactless and Automated Teller Machine (ATM) locally and internationally

It is noteworthy that the company, the International Network of Cards for electronic payment services, started work in 2019 with a license to do electronic payment work No. (7) from the Central Bank of Iraq and based on Law No. (56) of (2004) and it works with a cadre Iraqi youth is proud to provide the best services in the field of electronic payment to citizens.

[DinarThug]

LINK

A French intelligence report: America is studying options for deploying its forces in the Kurdistan Region

 

31st January, 2021

The “Intelligence Online” website said that the constant threats against the “Green Zone” located in the heart of the Iraqi capital, Baghdad, which includes the American embassy, prompted the United States to study options for moving more forces to the Kurdistan Region of Iraq and expanding its military bases in the region.

The French intelligence site reported that the US military presence in Iraq, which decreased significantly in 2020, is still concentrated mainly in Baghdad. He explained that with Washington’s threat to close its embassy in Baghdad, the US Department of Defense (the Pentagon) is looking into several options in Iraqi Kurdistan to deploy its 2,500 troops, which are still deployed in Iraq.

According to the site, "the new US consulate in Erbil can absorb some American soldiers." He pointed out that the US consulate complex in Erbil, which cost $ 600 million, and is being built, since 2018, will be the largest US consulate in the world, surpassing even the vast embassy in Jordan, and is scheduled to open in 2022, with its residential wing and many more Logistical buildings, including a large area to house a military unit.

The site revealed that the United States did not rule out renewing or expanding other military bases in Iraqi Kurdistan, and work is already underway at the “Harir” base, 70 kilometers northeast of Erbil, which was used by the United States in 2003 and may serve as a training base.

According to the same source, the Pentagon is also considering deploying more soldiers to the "Soran" base, a few kilometers north of the Harir base. According to the site, “Despite the closure of 5 bases in Iraq in 2020, and the reduction of the number of forces in half, the United States intends to maintain or even strengthen its presence in Iraqi Kurdistan, the rear base of strategic importance for about 900 American soldiers still deployed in Syria to supervise the Operations against the Islamic State.”

[DinarThug]

LINK

Amid tight security ... Massive demonstrations sweeping central Baghdad 

 

31st January, 2021

 

Hundreds of postgraduate degree holders and graduates from other majors demonstrated on Sunday in front of an Iraqi government office in Al-Alawi district in central Baghdad.

The Shafaq News Agency correspondent said that the demonstration witnessed a partial blocking of the streets, indicating a "very tight" security presence.