[size=30]TNT, Charlie Ward, Pimpy and More Saturday PM 10-24-2020[/size]
TNT:Tishwash: Parliament sessions .. The House of Representatives raises its session to next Monday
Parliament raises its session to next Monday
The House of Representatives resumes its session in the presence of 176 deputies Source:
Parliament's session continues, and Al-Halbousi is asking to present the election law to a vote
The House of Representatives agrees to pass all electoral districts in the provinces with the exception of Nineveh and Kirkuk Deputy:
Major disputes over electoral districts may be postponed to another day Parliament discusses the file of salaries of employees Parliament Presidency:
The session continues until it is agreed that the electoral districts will complete the elections law
The House of Representatives ends the first reading of the proposed law on the genocide of the Yezidis
The heads of the parliamentary blocs and the legal committee meet on the electoral districts
The House of Representatives ends the first reading of the bill to finance the fiscal deficit
Postponing the electoral districts clause until the legal committee ends its meeting with the heads of the blocs
The House of Representatives holds its session headed by Muhammad Al-Halbousi Parliament adjourns its session by half an hour
Meetings in Parliament and threats to boycott the session due to the election law link
Tishwash: Kuwait Central Bank denies plan to devalue, stands by peg
The Central Bank of Kuwait, which pegs the dinar to a basket of currencies dominated by the US dollar, affirmed its commitment to the country’s exchange-rate policy, responding to reports of an impending devaluation.
“In light of recent online reports falsely speculating on the intent to devalue the national currency, the Central Bank of Kuwait reiterates its commitment to maintaining the Kuwaiti dinar exchange rate at a level that protects its purchasing power,” it said in a statement on Sunday.
“CBK will continue its adherence to policies that aim to bolster the local currency and maintain monetary and financial stability.”
The speculation started swirling after the passing last week of Sheikh Sabah Al-Ahmed Al-Jaber Al-Sabah, who has been succeeded by his half brother.
Kuwait is facing the highest budget deficit in its history, brought on by the drop in oil prices and the coronavirus pandemic. A potential solution to its liquidity crisis has been blocked by parliamentary opposition to a law that would allow the government to borrow.
Twelve-month forward contracts on the Kuwaiti dinar rose almost 60 points to 270 in the offshore market at the end of September, signaling traders’ concerns over the risk of a devaluation in the currency peg.
Kuwait is the only country in the six-member Gulf Cooperation Council that links its currency to a basket dominated by the US dollar, while the others are linked solely to the greenback. link
*************
Courtesy of Dinar Guru
Footforward many have connected the QFS and the revaluation as something that will happen together. I've felt that wasn't going to be the case. That the QFS was a few years away yet...in every banking article, Iraq is talking swift. Not QFS. Trump put one billion into development of the QFS. That told me this is something still being worked on.
Pimpy Article: "Trump delivers remarks after announcing Sudan will normalize relation with Israel" ...we're about to see the most prosperous time in human history...watch Trump get his now fifth Nobel Peace Prize nomination this year...I'm expecting these types of announcements to really help outside invests feel really good about coming in there. The more they see these nations cooperating with one another and agreeing to peace and willing to work on the international scene and bringing businesses. This is really good. This is a good time to be holding Iraqi Dinar...they're doing really really good and so you should be very excited...
» Kurdistan: The Steps For Establishing The National Bank Have Reached Their Final Stages
» The political crisis in Iraq: the street battle rages between the Sadrist movement and the "coordina
» y) is discussing with the Kurdistan Commission the file of preparations for the region's elections:
» Iraq: Iran cut off the Karun River without considering Iraq's interests
» The current closes the parliament's door, and the framework opens its doors again for dialogue
» The Council of Ministers cancels the decision to finance Gulf 25 from Basra funds - urgent
» In the presence of the United Nations, the new generation calls for a meeting in Baghdad to dissolve
» Economic treatment in light of political and oil fluctuations
» Freelancers launch 6-point initiative
» The political crisis in Iraq enters its third week: the street battle rages
» Iraq's Electricity Crisis: The Supply Challenge between Iran and the Gulf Connection
» Al-Maliki: Today's Demonstration Called On The Political Components To Have A "Common Word" To Cross
» Coordination Framework: No Party Can Confiscate The Will Of Everyone Under Any Pretext
» Wisdom: The Sit-In Aims To Reach Dialogue
» He Called For A Comprehensive National Dialogue.. The Rule Of Law: The Return Of Parliament Sessions
» Independent Politician: The Demonstrators Sent Peaceful Messages To Resolve The Crisis
» Barzani's Party Supports Early Elections Conditioned On The Agreement Of The Political Parties
» OPEC: Iraq's Oil Production Rose To 4.496 Per Day
» Al-Tamimi: The Federal Court Can Dissolve Parliament According To These Articles
» A Think Tank Is Likely To Achieve One Of Four Scenarios For The End Of The Political Crisis
» The Current, The Framework And The Civilian.. Three Different Locations And Directions Herald A Poli
» The Atmosphere Between The Two Parties To The Conflict
» The Framework Reveals The Date And Conditions For The Dispersal Of The Green Wall Sit-In
» Al-Ittihad: We Will Not Accept The Holding Of The Kurdistan Elections In Their Current State
» Kurdish Politician: Barzani's Party Has Left The Political Competition In 5 Iraqi Cities
» Iran Begins Construction Of Largest Solar Power Plant
» Oil Announces Thwarting The Smuggling Of 24 Thousand Liters Of Its Products
» A Deputy Reveals The Financial Cost Of The Early Elections
» Al-Rafidain Announces The Granting Of An Advance Of 10 Million Dinars To Students And Teachers
» The Current, The Framework And The Civilian.. Three Different Locations And Directions Herald A Poli
» The Kurdistan Democratic Party supports early elections, provided that the final results are accepte
» The framework receives messages from political forces that support the formation of the government
» Looting misses Japanese loan for Basra water desalination project
» Kurdistan Democratic Party: We are concerned about the political crisis that Iraq is going through
» The Federal Court will consider the constitutionality of the Food Security Law next Monday
» The Kurdistan Democratic Party announces its support for holding early elections with "3" conditions
» 10 million dinars.. a new advance for students and university professors
» A slight decrease in the exchange rates of the dollar in Baghdad
» Most of them are remittances.. “Central of Iraq” sales exceeded one billion dollars in a week
» OPEC: Iraq's oil production reached 4,496 million barrels per day in July
» American poll: China is ahead of the United States in terms of popularity in Iraq and the Arab count
» The central bank and the banking sector, the main financing and investment ring that supported the e
» Economist: Disrupting budget approval destroys the Iraqi economy
» The fate of the Iraqi political crises to where? Republish
» A foundation in Erdogan's party joins the demand to stop military operations in Syria and Iraq
» "Al-Sadr's opponents" announce an open sit-in in Baghdad
» Allawi presents an initiative to overcome the current situation in Iraq
» Al-Saadi: The employees' salaries are secured and their disbursement cannot be stopped in any way
» The Kurdistan Democratic Party issued a statement on the political crisis
» Independent Deputy: Dissolving Parliament is a way to achieve change, but...
» Deputy: Parliament is subjected to a real insult
» The dollar rises against the Iraqi dinar
» Saad Maan: Artistic methods and modern techniques contributed to revealing the circumstances of the
» Iraq receives 50 terrorists from the Syrian side
» The Ministry of Construction reveals the percentage of completion of the Baghdad-Kirkuk road mainten
» The rule of law: the return of parliament sessions and the formation of the government has become a
» After the budget was delayed, the fate of the salaries of employees and retirees was revealed - urge
» "Including Iraq" .. OPEC: 7 countries increased their oil supplies in July
» The Kurdistan Democratic Party resolves its position on holding early elections - urgent
» With a capital of 250 billion dinars, the Kurdistan Regional Government establishes the National Ban
» Al-Maliki after the tire demonstrations: The street cannot be taken over by one side without the oth
» The coordination framework for its supporters: You are the national majority and no party can confis
» Allawi proposes a solution that "will anger al-Sadr": Hold a parliament session anywhere in Iraq
» An Iraqi delegation in Beirut to agree on services and goods in return for providing Lebanon with fu
» The coordinating framework demands Al-Halbousi to end the suspension of parliament sessions and deci
» The Iraqi Minister of Environment: The water deficit will reach about 11 billion cubic meters in 203
» Khazali to the Coordination Framework Demonstrators: Today you brought joy to the hearts of Iraqis
» The Coordination Framework thanks its protesters: We promise you serious and continuous work to achi
» Electricity: a new plan to prevent energy separation in the south
» Constitutional controversy over parliament after al-Sadr's call
» Allawi warns against the stage and calls for a parliamentary session in the presence of the heads of
» MilitiaMan , Tivon and more "The Convergence is Amazing" 8-11-2022
» Tivon, MilitiaMan and KTFA Members Thursday Afternoon 8-11-2022
» Mr. Al-Hakim: We cannot be satisfied with young people suffering from unemployment and deprivation i
» After 31 years of closing, Austria reopens its embassy in Baghdad
» An American report: The heat has reached the level of "injustice" over Iraq... The soles are melting
» Al-Rafidain Directed To Receive The Deposits Of The Oil Companies’ Stations On Fridays And Saturdays
» A statement from Al-Rafidain Bank about the deposits of the stations of the Oil Products Distributio
» Iraq achieves self-sufficiency for 15 agricultural items
» The framework reinforces the strategy of (opposite mobilization) to extract the street card from the
» Good news from Baghdad to the farmers of Kurdistan Region
» Iraq loses 1,000 flights per day in the World Cup in Qatar due to the failure of the Ministry of Tra
» The Central Bank clarifies regarding the payment of retired loans
» Al-Ghazi: The differences will be paid retroactively for the past months
» Al-Sadr calls on the judiciary to assign the President of the Republic to set a date for conditional
» President Barzani and Khamis al-Khanjar: Early elections are a good step
» Al-Abadi calls on supporters of the Sadrist movement and the coordination framework
» The stability of the dollar exchange rate against the dinar
» Al-Sadr sends a message to the demonstrators of the coordination framework
» October revolution on the walls of Parliament
» Constitutional controversy over parliament after al-Sadr's call
» "OPEC" reveals its forecast for the growth rate of global oil demand
» Dollar exchange rates in Iraq
» Gold prices fall as the dollar rises
» Oil prices cross $100
» A Norwegian company exposes the region's daily oil exports
» Baghdad and Erbil..Agreement on a unified identity for lawyers in Iraqi courts
» The Iraqi Stock Exchange index declined with the conclusion of the first week of August trading