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Zig’s Place Chat Room Discussion and News Wednesday  2-24-21

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

Butterfly    Official “Imminent” agreement is expected regarding Kurdistan’s Share of the federal budget, Official

butterfly  2021-02-24 08:14  Shafaq News / The Kurdistan Regional Government (KRG) expected, on Wednesday to reach an “imminent” agreement with the federal Government for its share in the 2021 financial budget.

“Discussions are continuing with Baghdad regarding the Region’s share in the budget … We expect to reach an agreement soon … not only to secure the salaries of employees, but to offer job opportunities for young and recent graduates,” Government spokesman Gutiar Adel said in a press conference today.

Adel added that “if necessary, KRG delegation will head to Baghdad again…the political parties must take into account that failing to reach an agreement will affect the whole Iraq and not only the Kurdistan Region.”

In December 2020, Iraq’s cabinet approved a 2021 draft budget of 150 trillion Iraqi dinars ($103 billion) as the country wrestles with an economic and financial crisis due to low crude prices.

The draft 2021 budget is based on a world oil price of $42 a barrel and expected oil exports of 3.25 million barrels per day (bpd), including 250,000 bpd from the Kurdish region.

So far, KRG delegation met with the federal Government officials many times to settle this issue without any firm decision.


butterfly  https://shafaq.com/en/Iraq-News/State-of-Law-on-the-2021-Budget-No-voting-without-the-Kurds  State of Law on the 2021 Budget: No voting without the Kurds

butterfly  2021-02-24 07:06  Shafaq News/ The State of Law bloc ruled out conducting a majority vote on the 2021 General Budget law.

A spokesman for the bloc, MP Bahaa al-Din al-Nuri, said in a statement to Shafaq News Agency, “there are no final agreements between the political blocs and the Kurdish delegation regarding oil, financial revenues, and border-crossings in the Kurdistan region.” “The talk about scheduling a session to vote on the budget law is inaccurate because there is no final agreement between the Central government, the region, and the political blocs regarding the region’s share of the budget.”

Al-Nouri added that negotiations are underway to resolve those issues noting, “an agreement on the region’s share might be reached next week.” Al-Nouri stressed, “there will not be a vote without the Kurds.”

The representative of the Kurdistan Regional Government in Baghdad, Faris Issa, revealed yesterday, Tuesday, that the negotiating delegation of the Kurdistan Regional Government had postponed its visit, scheduled yesterday, to the Iraqi capital until further notice.

Dave   arrg still no budget……..140 and HCL……..wonder if t5hey will ever pass those laws?

butterfly  https://shafaq.com/en/World/It-seems-we-re-back-to-last-year-a-senior-US-military        “It seems we’re back to last year”, a senior US military

butterfly  2021-02-24 10:36  Shafaq News/ A US military official warned, on Wednesday, of the escalation of Rockets attacks against Western influence in Iraq returning the situation to the past year incidents.

“It seems we’re back to last year,” a senior US military official in Iraq told AFP, referring to several months in 2020 when rockets rained down on American sites once a week or more.

On Monday, two rockets hit near the US embassy in Baghdad, days after a volley hit an airbase further north where a US military contractor is maintaining F-16 fighter-jets purchased from Washington.

“All indications are it’s the same style of attacks,” said the US official, speaking on condition of anonymity. “And intelligence shared with us says there are more to come.”

Both local and international dynamics may have prompted the resumed attacks.

The US military official said that, in talks with Washington, “we’ve provided options, including striking inside and outside of Iraq, but we haven’t heard yet from the new administration”.

Rockets also hit a military complex in the Kurdish region’s capital Erbil on February 15, killing a civilian and a foreign contractor working with US-led troops.

The Pentagon said the Rockets used in the Erbil attack are of Iranian origin.

the pro-Iran groups typically blamed for such attacks including Kata’ib Hezbollah have been quick to condemn the strikes.

Sheila   Zig Do you want that link? You might not like what you hear. Then again, there was revaluation information threaded within those 54 minutes.

Zig  sheila : Just post the link…when have you ever worried about what some people, including me, may think??….LOL

Zig  Members should not worry about what others may think regarding what they post…unless it is nasty….not mentioning any name….LOL

sheila  Zig Respect free speech, listen, filter and go on my way. This is pretty far out there for some to fathom.

Sheila  From DinarRecaps.com: Patriot Streetfighter on QFS, Nesara, The USN’s, PP’s and more…..2-23-2021 — Intel on the USN’s and the new QFS Financial System starts at about minute 18:00 —


— Although first 18 mins have some interesting points, if your mind is open.

Zig  https://www.youtube.com/watch?v=PduGoAceQMQ

Professor Dinard  Zig has iraq gotten their poop together yet?

Zig  Professor Dinard : Iraq is a mess….lol

Professor Dinard  I hear conflicting reports of why texas lost power. Zig what’s your take on it?

Zig  Professor Dinard : I don’t know….lots of “theories”

Professor Dinard  I dont find wind turbines being the sole reason why.

Professor Dinard  5,000 power bill for 3 days of power for some people lol

Professor Dinard  Imagine look into it and report back.

butterfly   This article is dated 2/7/21……..very interesting if it has not been posted: https://www.rudaw.net/english/middleeast/iraq/07022021

New electronic banking service seeks to move Iraq away from cash economy

butterfly   ERBIL, Kurdistan Region — The Iraqi Central Bank announced on Sunday that it has given permission for a “first of its kind” electronic banking service to be rolled out in Iraq over the next few years. The new service seeks to revolutionize the way Iraqis spend money by providing an alternative to the cash economy currently prevalent across the country, including the Kurdistan Region, its founder tells Rudaw English.

Established by Iraqi entrepreneur Kawa Rekani six months ago, First Iraqi Bank is the sole bank to get permission to operate such a service, allowing customers to perform financial transactions online or through their mobile device with ease rather than through cash payments.

Unlike Qi Card, a service that has been touted as Iraq’s first step toward electronic banking, customers will not have to retrieve cash at any point.

“This is not just a bank; it is a new financial system for the whole of Iraq and will change the Iraqi economy,” Rekani told Rudaw English via WhatsApp from Dubai on Saturday. “In Iraq everything is in cash, we aim to work in a way that from now until the next three years, there would be an 80% of the population that rely on electronic payment. So the money transfer would be from phone to phone.”

First Iraqi Bank’s service is based on an application that acts as a mobile wallet and can be downloaded by customers on both IOS and android devices, allowing to transfer money from one mobile phone to another 24 hours a day. The application will be in app stores in mid-March.

Only 23 percent of Iraqi households have access to an account at a financial institution, one of the lowest levels in the Arab world, according to data from the World Bank. Most companies in Iraq still operate in cash, with only 26 percent using the formal banking system. Roughly 98% of employers pay in hard currency and nearly half pay their suppliers that way.

The Iraqi banking system riddled with bureaucracy only allows for citizens to open bank accounts in

butterfly   article was too long for this room……just click on url to finish reading.

butterfly   https://massispost.com/2021/02/armenia-opens-consulate-general-and-cultural-center-in-erbil-iraqi-kurdistan/

Armenia Opens Consulate General and Cultural Center in Erbil, Iraqi Kurdistan …… too long to post…………

cian   https://alforatnews.com/news/وزارة-النفط-مراجعة-النسخة-النهائية-لمسودة-قانون-النفط-والغاز

A surprise announcement by the Ministry of Oil of the draft oil and gas law

Time: 02/25/2021 00:01:44 Read: 6,812 times  {Baghdad: Al Furat News} The Minister of Oil, Ihsan Abdul-Jabbar, announced that the meeting of the Opinion Committee in the ministry, which was held on Wednesday, included discussion and review of the final version of the federal oil and gas law.

In a statement, Al-Furat News Agency received a copy of it, Abdul-Jabbar affirmed that “this copy will be referred to the Council of Ministers for approval after completion of its review by the concerned authorities in the ministry, and then the Council of Ministers will review this copy, and in turn refer it to the House of Representatives for the sake of Enacting this law.”

He pointed out, “the ministry’s keenness to approve a law that contributes to the development of the oil and gas industry, and the optimal investment of the national wealth in Iraq in order to support the national economy.”

It is noteworthy that the Oil Ministry’s sudden announcement of the draft oil and gas law coincides with marathon negotiations between Baghdad and the Kurdistan region regarding the latter’s share in the 2021 budget and the mechanism for managing his oil file.    Ammar Al-Masoudi

Zig   FOR NEW MEMBERS  Most things referred to are in the MESSAGE BOX area at the bottom: To log out/add avatar: Click on icon at top left..that is also where you can upload an avatar if you wish…To address a specific member: Click on their name within a post…it will appear as @Zig as an example…To see/hide who is logged in: Click on icon at top right with a number to its left… Smileys (emojis): Access them via clicking on the smiley face at bottom left…click on one and it will appear in your message…Click into message box to hide them…To hear a click when anyone posts: Play with that speaker icon to right of # logged in icon… Enlarging a pic/avatar: Click on any picture/avatar to enlarge it, again to reduce…will always appear directly over the message box… To expand chat box size: Click on icon at top right with an arrow in it and maximize, etc…To return quickly to the bottom after scrolling up: Click on the last icon at top right of message box which turns to arrows when you scroll up…. :Welcome:

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…

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