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Zig’s Place Chat Room Discussion and News Tuesday AM 2-23-21

Zig:  Welcome to zig’s place, a chat room for dinar speculators and others….discuss any topic that you wish here

butterfly   Iraq calls for NATO support against Daesh

butterfly   Iraq will cooperate with the NATO forces to benefit from their experience in its fight against Daesh, National Security Adviser, Qasim Al-Araji, announced yesterday.  “Iraq is not part of any regional problem, but rather part of the solution,” Al-Araji told reporters after his meeting with the commander of the NATO mission in Iraq, Pierre Olsen.

Olsen explained that the mission had come “based on a request by the Iraqi government,” adding that any military expansion would be “in coordination with Baghdad.”

Though the Iraqi government in Baghdad declared victory over Daesh in December 2017, sleeper cells continue to operate across the country. The attacks have raised fears that the group could regroup and recover posing a severe threat to the country once again.


Butterfly   Erbil attack a warning to Iraqi Kurds, not the US, say Shia commanders


Butterfly   Erbil court convicts journalists, activists of spying, organizing armed groups


butterfly  Except for Kurdistan’s share, the 2021 budget law is almost complete, Parliament says


butterfly    2021-02-23 06:44   Shafaq News/ The Parliamentary Finance Committee announced it had reached a semi-final agreement on the 2021 budget, except for the Kurdistan Region’s share.

The committee said in a statement received by Shafaq News agency that it sent a letter to the Presidency of the Council of Representatives on February 15. The committee said it had completed a nearly final draft of the 2021 budget bill, and the only unresolved point is the provisions related to Kurdistan Region, which was detailed in Article 11 of the bill.

“We have met with the political blocs of various components to bridge the gap and come up with a consensus. We are waiting for a final form of agreement on the article related to the region.”

“Despite the attempt by some to mix papers and attack its members, the committee has made great efforts to include all the rights of citizens, employees and non-employees, and workers in all sectors and for all components in the budget bill at the level of segments, ministries, or governorates to ensure the establishment of service and strategic projects.”

In the context, a source in Kurdistan Democratic Bloc revealed that a Kurdish delegation will head to Baghdad within the next 24 hours to settle the issue of Kurdistan Region’s share in the 2021 budget.

The source told Shafaq News Agency that a delegation of the Kurdistan Regional Government will head to Baghdad within the next 24 hours to settle the region’s share of oil and non-oil revenues and the region’s share in the federal budget.

Butterfly   KRG approves a +349billion dinar development plan


butterfly   2021-02-23 07:27  Shafaq News/ The Kurdistan Regional Government approved today, Tuesday, 349billion dinar worth of development projects in the region’s governorates.

The Prime Ministry of Kurdistan Region said in a statement received by Shafaq News Agency, that the Prime Minister, Masrour Barzani, held today, Tuesday, an online meeting with the chairs of the provincial councils in the governorates of the region in the presence of the Deputy Prime Minister, Qubad Talabani. The meeting discussed the administrative obstacles facing the governorates and the government’s projects for the current year.

The Prime Minister indicated, according to the statement, that the regional government is sparing no effort to secure salaries, which is a priority for the government, stressing, “We are conducting discussions with the federal government to secure financial dues for the Kurdistan Region.”

The statement quoted the Prime Minister, “However, the service projects in all governorates of the region will be implemented with the revenues available within the region’s budget for 2021.”

The statement indicated that during the meeting, the regional government approved plans to implement local development projects in the municipal, energy, health, agriculture, education, and infrastructure sectors. The projects will be implemented by the resources available to the regional government and a total amount of 349.702billion dinars, distributed as follows:

  • Al-Sulaymaniyah Governorate: 114,350,000,000 (one hundred and fourteen billion three hundred and fifty million dinars)
  • Halabja Governorate: 30,000,000,000 (thirty billion dinars)
  • Erbil Governorate: 128,352,000,000 (one hundred twenty-eight billion, three hundred and fifty-two million dinars.)
  • Duhok Governorate: 77,000,000,000 (seventy-seven billion dinars)

Butterfly   The Asia-Pacific is Biden’s Top Security Priority

But the U.S. would find it difficult to disentangle from legacy commitments in Middle East.


butterfly   https://shafaq.com/en/Economy/More-than-60-of-Iraq-s-Asian-exports-go-to-India-and-China-SOMO      More than 60% of Iraq’s Asian exports go to India and China, SOMO

Butterfly   2021-02-23 00:53   Shafaq News/ Iraq, the top oil supplier to India, is not cutting volumes to the South Asian country in February amid a focus to maintain its market share in Asia, which consumes at least 70% of its crude exports, the deputy director general of Iraq’s State Oil Marketing Organization (SOMO) told S&P Global Platts.

“We haven’t cut [in January and February],” Ali al-Shatari said in a recent interview. “Actually, the Indian market is a very important market for us and our customers there are really relying on Iraqi crude oil heavily, so we are not going to cut from them unless we are forced to.”

OPEC’s second largest producer had a 25% market share of India’s crude imports in 2020, with shipments rising 9.4% to 50.17 million with 351.19 barrels, shipping data showed.

Due to sanctions, Iraqi crude has in the past few years unseated Iranian crude exports to India, which fell to zero in 2020 for the first time. Saudi Arabia was the second largest crude supplier, but its shipments declined by 11% in 2020.

“The Asia market [has] the priority in our allocation — it is a market that every single producer is targeting and we are doing the same,” Shatari said. “It is a market where the competitiveness is very high, we are not going to [carry out] actions that may let us lose our market share or the footprint in our market or the trust of our customers in that market. As for the European market and the Americas, the market share we have there is much less than what we have in the Far East.”

India, China and South Korea are Asia’s top three importers of Iraqi crude.

Iraq was China’s No. 3 oil supplier in 2020, exporting 60.12 million mt of crude last year, with an 11.1% market share in the world’s second largest oil consumer.

SOMO has added new customers in China and India, Shatari said, without disclosing the names of the companies. More than 60% of Iraq’s Asian exports go to India and China, he added.

Butterfly   https://en.mehrnews.com/news/170298/Cmdr-warns-Arab-allies-of-US-over-Soleimani-assassination

Cmdr. warns Arab allies of US over Soleimani assassination

Butterfly   “A foreign guest traveled to Iraq, carrying a message in response to message of Saudi Arabia and the Iraqi Prime Minister,” Chief of Staff of Iranian Armed Forces Major General Bagheri told a local ceremony in Tehran on Tuesday, referring to Martyr Soleimani’s visit to Baghdad. The commander did not provide further details about the message.
General Soleimani “entered Iraq with a civilian airliner in an explicit manner,” added the Major General.
US terrorist forces targeted Soleimani not with a regular bomb but with one that has been designed for armored vehicles, Bagheri added. “This bomb that hit General Soleimani’s car can infiltrate 30cm into steel. They used such a bomb and committed such a crime so as to dismantle their body.”

The top Iranian military figure also said that countries such as Qatar, Kuwait, and Saudi Arabia will be held accountable for the assassination of General Soleimani.

“Who did this? America as they have announced. Who has helped the US? Bases in Saudi Arabia, Qatar, UAE, and Bahrain have provided intelligence aid. The aircraft took off from military bases of Kuwait, Jordan, and Iraq and targeted [Soleimani’s] car.”

All these countries should be held accountable, he said. “We will provide each of these countries with documents so that they could not deny their direct hand in this crime.”

On January 3, 2020, a US drone strike near Baghdad International Airport assassinated General Soleimani, former commander of the Quds Force of Iran’s Islamic Revolution Guards Corps. The attack — that also killed al-Muhandis, the second-in-command of Iraq’s Popular Mobilization Units (PMU) anti-terror group, along with several others — came while General Soleimani was on an official visit to the Iraqi capital.

Clydesdale   2-22-2021 Newshound Guru Jeff Vietnam and none of these other currencies are going to go at this time right now. There’s only going to be one currency changing value. That’s going to be the dinar. No other currencies are going at this time. When Iraq does it, it will just be Iraq…Vietnam is not prepared to go.

butterfly   https://shafaq.com/en/Iraq-News/KRG-delegation-postpones-its-visit-to-Baghdad

KRG delegation postpones its visit to Baghdad

butterfly   2021-02-23 09:34  Shafaq News / The Kurdistan Regional Government’s representative in Baghdad, Faris Issa, revealed that the KRG delegation decided to postpone its visit to the Iraqi capital until further notice.

Earlier today, the Parliamentary Finance Committee said in a statement that it sent a letter to the Presidency of the Council of Representatives on February 15. The committee said it had completed a nearly final draft of the 2021 budget bill, and the only unresolved point is the provisions related to Kurdistan Region, which was detailed in Article 11 of the bill.

In an interview with Shafaq News agency, Issa said that the regional government delegation to negotiate with the federal government will not return to Baghdad until the draft general budget bill is submitted to be voted upon in the council of representatives.

He added that the delegation informed the Iraqi Parliament of its position through several proposals that actually represent the Baghdad-Erbil agreement.

Last December, Baghdad, and Erbil reached an agreement on the financial budget, stipulating that the region should hand over 250 thousand barrels of oil per day, and half of the border crossings revenues (and other non-oil revenues) to the federal government, in exchange for a share in the budget of 12.6%.

The agreement was included in the draft budget, but political blocs in Parliament reject the agreement, which impedes its passage in Parliament.

As by Issa, the Kurdish delegation presented everything it had during the negotiations conducted in Baghdad, adding, “Erbil is satisfied with the text sent by the federal government as part of the agreement between the two governments. There is no alternative for it.”

butterfly  https://shafaq.com/en/Iraq-News/UK-expresses-concerns-over-continued-rocket-attacks-in-Iraq          UK expresses concerns over continued rocket attacks in Iraq

butterfly   2021-02-23 08:28  Shafaq News / The British Minister of State for Middle East and North Africa, James Cleverly, expressed his country’s concern about the continued rocket attacks targeting the Global Coalition and US interests in Iraq.

Cleverly said in a statement that those who want to disturb the stability of Iraq will not succeed, adding, “We are determined to support the Iraqi government.”

Zig   ….This chat room was established in Aug. 2020…The main purpose was to discuss the Dinar, Iraq, and related matters…however, any topic may be introduced for discussion…Please be civil and no “Name-Calling” please…Thanks…..MEMBERSHIP…REGISTERING: Register a username by clicking on “name” in the message box below…choose your username and then hit enter or click the arrow at top right…pick a password, etc…PLEASE POST ON THE SAME DAY that you register and at least say hello…Thanks!…POSTING: Log in the same way that you registered….Post by clicking into the message box and typing a message…then hit enter or click on the arrow at bottom right… PM: Private Messaging only between members and admins… OUR STAFF: Founder: @Zig Admins: @sheila Chief Newshound: butterfly

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