"All is Closed" - Mon. PM KTFA Thoughts/News

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Samson » September 9th, 2019


Tomorrow .. Baghdad and the provinces without markets and deserted streets

9/9/2019 11:53

Commercial traffic throughout the province of Baghdad and the central and southern provinces completely stop on the occasion of the tenth of Muharram.

And will close all shops until the time of the afternoon to commemorate the martyrdom of Imam Hussein (peace be upon him) the tribe of the Prophet (pbuh) and respect for the sanctity of this day. Entertainment venues, clubs and malls will also be closed. The Baghdad Operations Command decided to close clubs, nightclubs, coffee shops and liquor stores.

The Secretariat of the Council of Ministers announced today the suspension of official working hours on Tuesday on the occasion of Ashura. Believers celebrate Ashura tonight as the funeral processions spread throughout the central and southern provinces of Iraq. LINK



2Cents » September 9th, 2019

Interesting that ALL is closed!!!!!

Casper » September 9th, 2019

Hmmmm. ..... with all of the shops being closed, this would be a perfect time to make a change in costs and payments, eh? ( at least easier than when all are open and doing business )

Don961 » September 9th, 2019

The Syrian pound collapses to its lowest level in its history

- 18 Hours Have Passed

The Syrian pound continued to collapse until its black market value reached 680 pounds against the dollar, the lowest level since Syria's independence from French colonialism in 1946, which led to an increase in prices.

Since the end of last year, the exchange rate of the lira began to gradually decline in the black market from 500 lira to the dollar until Tuesday to 650 lira, before reaching Sunday 680 lira, "the lowest rate in history," according to the editor of the electronic economic news "Syria Report" Jihad Yazji.

The central bank of the Syrian regime set the official rate of exchange rate of the dollar at 434 pounds, note that the dollar was equal to 48 Syrian pounds before the outbreak of the revolution in 2011.

The lira's devaluation is not only due to US and European sanctions, it said.

The bulletin pointed to recent news of President Bashar al-Assad's decision to place his cousin, the great investor Rami Makhlouf, under house arrest, which cast a dark shadow on the deteriorating economy.

Local investors say the currency has also been hit by dashed hopes that Assad's gains on the battlefield will encourage wealthy Syrians abroad to seek opportunities in the war-ravaged economy, and the central bank, headed by Hazem Qarfoul, has largely abandoned efforts in recent months to support The value of the lira in order to protect its few foreign reserves.

The collapse of the currency caused high inflation and increased suffering of the Syrians, as opposition sources said that some markets were closed in Hama city.

Source: Agencies link

Source: Dinar Recaps
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