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More News, Rumors and Opinions Saturday PM 11-30-2024

KTFA:

Clare:  Iraq suspends official work on Tuesday, December 10 - Urgent

11/30/2024

Baghdad

The General Secretariat of the Council of Ministers announced today, Saturday (November 30, 2024), that official work will be suspended in the country on Tuesday, December 10, on the occasion of Victory Day over ISIS.

A government source told Baghdad Today, “It was decided to suspend official work on Tuesday, December 10, on the occasion of the anniversary of the liberation of Iraq from the terrorist ISIS gangs (Victory Day).”

It is noteworthy that Iraq announced on December 10, 2017, victory over ISIS and the liberation of all cities that were controlled by the organization.   LINK

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Clare:  Sunday’s House of Representatives session agenda

Baghdad – WAA

The House of Representatives announced its agenda for tomorrow’s session, Sunday.

The media department of the Council of Representatives stated in a statement received by the Iraqi News Agency (INA): “The agenda of tomorrow’s session, Sunday, included voting on the proposed Personal Status Law, the draft law on returning real estate to its owners, the draft law on the second amendment to the General Amnesty Law, as well as the report and discussion (second reading) of the draft law on the fifth amendment to the Civil Aviation Law, and the report and discussion (second reading) of the draft law on the first amendment to the Industrial Cities Law.”

It added that “the session will begin at one o’clock in the afternoon.”  LINK

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Courtesy of Dinar Guru:  https://www.dinarguru.com/

Bruce  [via WiserNow]  …our rate should be better at the redemption center…dinar and Dong and I know they’re gonna be a lot better on dinar  especially because we know there’s a contract rate on Dinar that will be offered to us that is extremely high… Okay, not at the bank but at the redemption centers. Just so you know. 

Militia Man  These guys are in a stage of getting ramped up for production for the construction and reconstruction efforts of the country like they’ve never seen in modern history…The new era…is coming upon Iraq.  Let’s hope they have a previous era takeoff in a real effective exchange rate to help boost that private sector and industrial capacities that they have going…

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Why the Real Recession Data Is Only Coming Out Now | Danielle DiMartino Booth

Kitco News:  11-30-2024

Is the U.S. in the heat of a recession right now?

A recent jump in bankruptcies resembles that of the Great Financial Crisis, Danielle DiMartino Booth, CEO and Chief Strategist for QI Research, tells Jeremy Szafron, Kitco News anchor, on the sidelines of the New Orleans Investment Conference.

Booth discusses a range of topics, including the state of the U.S. economy, revisions in job market data, government versus private sector employment, and the impact of political shifts on economic policies. She also shares her latest take on recession timelines, the role of Elon Musk in government efficiency, and the challenges facing the Federal Reserve.

00:00 Introduction: Economic Data Overview

03:55 Recession and Economic Outlook

04:33 Corporate Layoffs and Attrition

05:28 Musk's Government Efficiency Initiative

07:58 Bankruptcies and Personal Debt

 09:57 Federal Reserve and Interest Rates

18:33 Bitcoin, Gold, and Investment Strategies

https://www.youtube.com/watch?v=tYJ2yvrvMh0