Tues. PM TNT News Articles/Tweets 11-12-19

TNT

NWMontana:

Check out the square! Baghdad Tahrir Square tonight. #Iraq security forces have rounded up hundreds, wounded thousands, death toll > 320, but the protests have not stopped. Basra, Karbalaa, Nasiriyah... ~ https://twitter.com/Joyce_Karam/status/1194316439471230978

Tishwash:
Pompeo tweet nov 12th

Spoke with Iraqi Prime Minister @AdilAbdAlMahdi by phone today. I called on him to protect the protesters and to address their legitimate grievances. The United States is committed to a strong, sovereign, and prosperous #Iraq for all Iraqis. 10:17 AM - 12 Nov 2019

Harambe:
Bloomberg: Zimbabwe Distributes New Banknotes but Keeps Curb on Withdrawals

(11/12/19)

Zimbabwean banks started distributing low-denominated banknotes on Tuesday to help end a crippling cash shortage, more than a decade since the nation had its own hard currency.

However, strict withdrawal limits of Z$300 ($19) a week meant consumers continued to struggle to get enough cash to cover costs.

The central bank sent Z$30 million of the new notes to local banks, the state-controlled Herald newspaper cited Reserve Bank of Zimbabwe Governor John Mangudya as saying. Lenders were issuing newly minted Z$2 and Z$5 notes and coins.

“The only consolation is that today I got my money, but the problem is that it’s not enough to last the whole week since I use public transport,” said Ishe Mukoi, a store supervisor in the capital, Harare.

Zimbabwe this year abolished a multi-currency system and reintroduced the Zimbabwe dollar as sole legal tender, a decade after it went out of circulation because of hyperinflation. It has weakened from a 1:1 parity peg in February to 15.8742 per U.S. dollar on Tuesday.

The central bank plans to “drip feed” Z$1 billion into the economy over the next six months to help end arbitrage and premiums being charged on the parallel market.

https://www.bnnbloomberg.ca/zimbabwe-distributes-new-banknotes-but-keeps-curb-on-withdrawals-1.1346619

Reuters: Iraq's elite rallies around Iran-backed plan to hang on to power (11/12/19)

BAGHDAD (Reuters) - Iraq’s ruling parties appear to have rallied behind a strategy, blessed by Iran, to try to survive a mass anti-government uprising by containing protests on the streets of Baghdad while offering a package of political reforms and elections next year.

But the proposed solution involves keeping in power a ruling elite that Iran has cultivated for years - unlikely to placate protesters who have been demanding the entire caste of politicians be swept aside.

Iran has been closely involved in formulating the new strategy, with a number of meetings between political groups and government figures attended by Qassem Soleimani, the general who commands the Quds Force of Iran’s Revolutionary Guards that supervises Tehran’s clients across the Middle East.

Two sources with knowledge of the talks said Soleimani had approved the reform plan, which would keep Prime Minister Adel Abdul Mahdi in power until new elections next year, as it would give Iran time to recalculate how to retain influence.

The protests pose the biggest challenge to Iraq’s Shi’ite Muslim-dominated political order since it emerged after a 2003 U.S. invasion toppled Sunni dictator Saddam Hussein.

At least 300 protesters have been killed, most by security forces firing live ammunition into crowds. But the violent response has done little to persuade the protesters to leave the streets.

A senior security official told Reuters new tactics were being rolled out to try to confine the demonstrations to Baghdad’s Tahrir Square, a roadway junction at the foot of a bridge across the Tigris, where demonstrators have camped out for weeks.

“Security forces received new orders on Saturday that protesters must be kept in Tahrir Square,” the security official said. “They’re working quietly now to seal off the square from all directions, and an arrest campaign is expected to follow in a bid to reduce momentum of the protests.”

Meanwhile the authorities will push on with a reform plan to mollify the crowd, with new elections run by a commission intended to be more independent, and parliament restructured to be smaller and more representative of Iraq’s diverse population.

Sources who have attended recent government meetings say the strategy now enjoys the backing not only of the Iran-backed parties that support the government, but also of their main rivals, the faction of Shi’ite cleric Moqtada al-Sadr, who regularly denounces Iran and had called for Abdul Mahdi to quit.

Sunni and Kurdish political leaders also support the plan.

“The anger of protesters at everyone in politics, even religious figures, forced all parties to listen to Iranian advice and work together to keep Prime Minister Adel Abdul Mahdi’s government standing,” said a source close to Sadr.

“Even Sadr is on board,” he said. “He worried that protests he’s not controlling could also threaten his position” among his followers, the source said. https://reut.rs/2K88kvB

Source: Dinar Recaps
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