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Topics tagged under baghdad on Dinar Daily DinarDailyUpdates?bg=330099&fg=FFFFFF&anim=1

Current date/time is Tue Dec 10, 2019 8:47 pm

Search found 5 matches for Baghdad

The head of the UNAMI Human Rights Office and Representative of the United Nations Office of the High Commissioner for Human Rights (OHCHR) in #Iraq, Ms. Danielle Bell, met today in #Baghdad with His Excellency Farouq Amin al-Shwani, Minister of Justice.

The head of the UNAMI Human Rights Office and Representative of the United Nations Office of the High Commissioner for Human Rights (OHCHR) in #Iraq, Ms. Danielle Bell, met today in #Baghdad with His Excellency Farouq Amin al-Shwani, Minister of Justice.

Sep 4, 2019

Topics tagged under baghdad on Dinar Daily EDnlCdKWwAcDSp9

Baghdad, 4 September 2019 - The head of the UNAMI Human Rights Office and Representative of the United Nations Office of the High Commissioner for Human Rights (OHCHR) in Iraq, Ms. Danielle Bell, met today with His Excellency Farouq Amin al-Shwani, Minister of Justice. Ms. Bell expressed thanks to the Minister for the Ministry's ongoing collaboration and support for the UNAMI Human Rights Office, and welcomed the continued engagement, particularly in the areas of reporting, detention and related issues concerning human rights.

by claud39
on Wed Sep 04, 2019 8:36 am
Topic: The head of the UNAMI Human Rights Office and Representative of the United Nations Office of the High Commissioner for Human Rights (OHCHR) in #Iraq, Ms. Danielle Bell, met today in #Baghdad with His Excellency Farouq Amin al-Shwani, Minister of Justice.
Replies: 0
Views: 156

3 reasons to invest in Baghdad:

[size=27]3 reasons to invest in #Baghdad:
- it’s Iraq’s largest city, and the second largest in the Arab world
- it’s a vibrant metropolis, with a strategic location and a talented young population
- a business-friendly environment driven by the @Iraqigovt economic reforms. #InvestIraq



06:01 - 14 juin 2019


by claud39
on Sun Jun 16, 2019 7:25 am
Topic: 3 reasons to invest in Baghdad:
Replies: 2
Views: 237

"POTUS to Pay off National Debt" - Fri. PM TNT Thoughts/News 11/16/18



POTUS said he is going to pay off our national debt for the USA in his second part of his term , where is 22 Trillion going to come from ? just thinking out loud

Then--red that maybe indicates that the gov has invested in the rv..so like tony and ray said many times...it is done sure enough it is done

USA treasure is behind all this never think the USA didnt buy boat load of this currency , all of the different ones too.

Yes red --if it happens as tony said 5-8 currencies in a basket u aand i and tnt are a go a GO...the rise will help make more money until it settles and the contract rates will make even more money

As I understand it, we have 7 trillion Dinar to liquidate against future oil credits. That could take out the debt, if they were determined to do it.

there is no shortage of money except with the poor folks and that is changing for 30 million of us.

Bloomberg: Iraq Resumes Oil Exports From Kirkuk After Year-Long Halt


CNBC: Oil prices rise on expectations for supply cut

Brett McGurk ‏Verified account @brett_mcgurk 1h1 hour ago Brett McGurk Retweeted Reuters Top News Excellent news from #Baghdad on restarting oil exports from #Kirkuk to Ceyhan and international markets under a new arrangement negotiated between the Government of #Iraq and the #Kurdistan Regional Government. Significant progress.

on the eve of three official holidays

Shafaq News / Kurdistan Region witnesses two holidays during the remainder of this year. And a third holiday on the first day of the new year.

According to the schedule of official holidays in the region, the holidays will be distributed between 20/11 of this month, which will be the birth of the Prophet of Islam Muhammad.

And will disrupt the Kurdistan Region official time on 25/12 next month on the birth of Jesus Christ.

The province will also receive New Year's Day with disruption link

'Rushed currency reform could harm Zimbabwe economy'

Rushing to implement currency reforms without sufficient stocks of foreign currency to back up the transition would have serious adverse effects on Zimbabwe's economy, which would cause suffering of citizens, global lenders have warned.

As such, Government has been cautioned to maintain the current currency approach, where Real Time Gross Settlement and bond notes are part of the multi-currency basket, until the fundamentals improve to sustain drastic currency reforms.

This comes as Finance and Economic Development Minister Professor Mthuli Ncube - since his appointment in September persistently made pronouncements on the need for immediate currency reforms premised on one of three options namely; abolishment of exchange controls and bond notes by year-end, joining the Rand Monetary Area and introduction of the local currency backed by foreign currency reserves.

Again, at Chatham House in October this year, the minister said the economy was self-dollarising and advised that the bond notes, Zimbabwe's surrogate currency, which officially is ranked at par with the US dollar, would consequently be demonetised.

Global lenders' concerns

However, diplomatic sources told Business Weekly this week that global lenders, particularly the International Monetary Fund "cautiously advised" Minister Ncube that such an approach would have serious negative effects on the economy and could plunge people into extreme poverty.

"It is very unusual for institutions like the IMF to advocate for controls, but on the current situation of Zimbabwe, they feel maintaining the status core is more ideal," said one diplomatic source, requesting not to be named.

"They shared their views with the Minister (Ncube)."

"The IMF also advised on the need for pragmatic approach in dealing with the economic situation rather than an academic or theoretical approach to undertake reforms."

Another source with an international financial institution, said currency reforms can only be effective if they are done post fiscal reforms as doing so before dealing with the latter will bring the country back to similar challenges as those being experienced now.

He said Zimbabwe's problems are fiscal, while currency challenges are just symptoms.

"So you need to deal with fiscal reforms, if you look at the Transitional Stabilisation Programme, the perception is that there is no plan, there are one or two measures here and there, but you don't see the picture yet.

"The main problem is lack of detail, it's a good starting point, but the objectives are so broadly defined and you don't know what it means."

"For us the issue is let's fix the fiscal issue, and the currency will be the next step, because if we haven't fixed the fiscal, we will have the same problem in six months' time, and nothing would have been solved.

"So I think the currency is a symptom of an underlying problem, no matter what currency they choose in the end, as long as the fiscal is not fixed, the currency will fail," said the official who cannot be named for diplomatic reasons.

The caution against rushed reforms come in the wake of the price spiral that ensued wild swings of foreign exchange rates on the parallel markets, used by business that cannot get forex from the central bank under its priority list allocation framework.

Gradual approach to resolving the challenges

Proponents of a gradual approach to resolving challenges besetting Zimbabwe's economy argue the country needs to first increase production, exports, build forex reserves and reopen external lines of credit before instituting drastic currency reforms.

For instance, the central bank says Zimbabwe requires foreign currency import cover for three months of at least $1 billion to cushion the country from the potential shock repercussions, which can be caused by shortage of hard foreign currency.

With the central bank unable to allocate foreign currency to every sector of the economy, the parallel market has become a major source of the scarce commodity. To a significant extend this has a bearing on the behaviour of commodity prices in the market, as the pricing has tended to track movement of the foreign exchange rates.

Speaking to journalists after the swearing in ceremony of the new Cabinet, Prof Ncube said the currency reforms were necessary since the current approach was not working. "I am very clear that there have to be currency reforms," he said.

Prof Ncube reiterated the statement at Chatham House in the United Kingdom saying "the market is setting the pace. What is left for us is choreography and management of economic fundamentals.

"The economy has dollarised (and) the bond note will be demonetised at the same point because it was already a surrogate local currency, but without fundamentals to support it." link
by Ssmith
on Sat Nov 17, 2018 9:40 am
Topic: "POTUS to Pay off National Debt" - Fri. PM TNT Thoughts/News 11/16/18
Replies: 0
Views: 399

Drought-stricken Iraq pleads for more water from upstream neighbours

Climate change, upstream dams, and low rainfall is causing an unprecedented crisis in the 'land between the rivers'
Topics tagged under baghdad on Dinar Daily Iraq-Water-Woes

Amid a worsening water crisis at home, Iraq’s foreign minister used his time at the UN podium on Saturday to call on upstream neighbours to reduce their use of waterways that flow into the country.

Addressing the United Nations General Assembly in New York, Ibrahim Al Jaafari said: "We also call for a restoration to Iraq of our water resources, because the loss of these resources has reduced the level in the Tigris and Euphrates rivers."

Iraq is in the midst of an unprecedented drought, which has eclipsed previously notable low-rainfall years in 2009 and 2015.

Lower than average rainfalls, higher summer temperatures thought to be associated with climate change, and reduced river flows from upstream – as Turkey begins to fill a controversial dam – have combined to create a complex environmental and social crisis in the country’s south.

Once known as Mesopotamia, or "the land between the rivers", Iraq is uniquely dependent on upstream neighbours for water. The headwaters of the country’s two main rivers – the Tigris and the Euphrates – descend from the Armenian highlands of eastern Turkey.

Since the 1970s, a series of dams has gradually reduced the flow of both watercourses. When the Ataturk Dam opened in 1990, it reduced the Euphrates to a trickle, while its 27-billion-cubic-metre reservoir filled.

Earlier this year, Turkey began filling the reservoir behind the Ileus dam sooner than expected. Iraq was taken by surprise as the Tigris river dropped precipitously. By early June, people in Baghdad were able to walk from bank to bank as the river flowed knee-deep, metres below its normal level.

For the first time in the past 100 years, #Tigris dries frighteningly, crossing the river by foot not swimming!, footage show Tigris at sunset today in #Baghdad#iraq pic.twitter.com/XfRvWdJskK
— Mustafa Habib (@Mustafa_Habib33) June 1, 2018

As the summer wore on, Iraq’s cultivated areas were reduced by half compared to the previous year. The government banned the farming of crops such as wheat and rice that require major irrigation. Herds of cattle in the south of the country were reduced by a third as animals died of thirst or were sold off by desperate farmers unable to afford to buy their feed and water.

There are now real fears that Iraq’s southern marshes – destroyed by Saddam Hussein and then famously restored following his overthrow in 2003 – may disappear again.

Farmers walking off their lands and moving to the cities has not been the worst of the crisis. In the oil-rich city of Basra, Iraq’s second largest city, the salinity of the drinking water has become so high that nearly 100,000 people have been hospitalised with poisoning.

Some residents blame Iran, saying upstream desalination plants on the Shatt Al Arab are decreasing the potability of water. Angry protests over services have turned violent, with security forces killing dozens as they struggle to maintain order.
In the face of a mounting environmental catastrophe, Iraq has appealed to its neighbours for relief. For the first time this summer, Kuwait sent tankers of water from its desalination plants to Basra, in an echo of a historical trend by which Kuwaiti dhows used to return from trading in Basra with their holds filled with drinking water.

But, as the downstream state, there is little Iraq can do to compel Turkey and Iran to decrease their demands on waterways that drain into Iraq, leaving the government unable to do more than offer stark warnings.

“The water level, which has led to an adverse environmental and economic impact, will have serious repercussions for the future,” Mr Jaafari concluded at the UN.

by GirlBye
on Mon Oct 01, 2018 5:45 pm
Topic: Drought-stricken Iraq pleads for more water from upstream neighbours
Replies: 0
Views: 249

TNT Chatter 8/30/18



Just talked with Xchange of America about an order and asked about the email regarding exchanging Dinar. She said that means All locations can exchange….Xchange America email not really significant for us unless they benefit on people returning their Dinar and waiting for the value change

They will not need that much cash most exchanges will be digital

A hundred people taking 10 grand adds up.

rojo,,for every balance opened, they, the bank, have to fund a certain percentage of the total,,,not sure exactly but could be in the range of 20% so with them receiving more cash, they can open more accounts

WOW!! of Iraq ‏ Verified account @IraqiGovt 13m13 minutes ago More PM ​@HaiderAlAbadi has relieved the National Security Adviser, Head of the​ PMF Commission and the National Security Service, Falih Al-Fayyad of ​his duties. @IraqiGovt is committed to ensuring that senior government​ officials are apolitical and protect the unity of Iraq.

#Iraq, 30 August 2018 - President Fuad Massoum received today SRSG for Iraq Ján Kubiš to discuss the latest political developments, notably preparations of the inaugural session of the Council of Representatives on 3 September & the process of forming of new government
Baghdad," target="_blank" rel="nofollow">https://twitter.com/UNIraq/status/1035267709745987584~#Baghdad,

Vietnam, the next country to join the de-dollarization movement.

Vietnam the next country to join the de-dollarization movement as it will allow direct bi-lateral trade with the Chinese Yuan by Ken Schortgen Shotgun Economics

On Aug. 29, the country of Vietnam became the latest economy to join in the ongoing de-dollarization by announcing they will begin direct bi-lateral trade with China using the Yuan in certain areas.

Vietnam plans to officially allow the use of the Chinese yuan for trading goods in its northern border towns, the central bank said on Wednesday.

The State Bank of Vietnam announced on its website that merchants, residents and related banks and institutions engaged in cross-border trade will be authorized to use the yuan, or the Vietnamese dong, to settle transactions starting on Oct. 12.

The central bank did not provide further details, but many economists see the decision as an attempt to reduce foreign exchange risks from current trading practices.

Trade between Vietnam and China exceeds $100 billion, and most transactions are settled in U.S. dollars. This creates a forex hazard for both sides. – Nikkei Asia Review

De-dollarization, or trading directly with one’s own currency, began in earnest in 2013 when Russia and China agreed to use the Yuan instead of the dollar in an energy agreement. However this paradigm of bi-lateral trade has accelerated here in 2018 thanks to Trump’s global trade war, and the Fed’s raising of interest rates on the reserve currency.

by Ssmith
on Fri Aug 31, 2018 8:21 am
Topic: TNT Chatter 8/30/18
Replies: 0
Views: 385

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