More News, Rumors and Opinions Sunday Afternoon 8-25-2024
KTFA:
Clare: Baghdad Governorate announces a holiday for tomorrow, Monday, in its departments and sections
8/25/2024 Baghdad
Baghdad Governorate announced today, Sunday, a holiday for tomorrow, Monday, in its departments and divisions.
The governorate said in a statement received by "Al-Eqtisad News", "Based on the decision of the Baghdad Provincial Council and in view of the great efforts made by the governorate's staff in providing services during the Arbaeen visit of Imam Hussein (peace be upon him) and the continuation of reverse delegation services for visitors, the Governor of Baghdad, Abdul Muttalib Al-Alawi, directed the suspension of official work on Monday, August 26, 2024."
He added, "This includes all departments and sections associated with the governorate." LINK
************
Clare: Al-Sudani announces the success of the Arbaeen visit plan and reveals 37 service projects for the upcoming visit
8/25/2024
Prime Minister Mohammed Shia Al-Sudani announced the success of the security and service plans for the Arbaeen pilgrimage, during a press conference he held in Karbala Governorate, today, Sunday.
Al-Sudani appreciated the efforts of the Supreme Security Committee headed by the Minister of Interior, and all officers and members in ensuring the smooth flow of the visit, which extended over vast areas and thousands of kilometers of roads leading to the holy Karbala, as well as the efforts of the local service and administrative institutions in the governorates, and the formations of the various ministries, as more than 53 ministries and agencies participated, in addition to local governments, governors and governorate councils.
Al-Sudani expressed his thanks to the Governor of Karbala and the members of the provincial council for their continuous efforts that complemented the efforts of the ministries and provinces, extending his thanks to the visitors, the Husseini processions and the social activities for their cooperation and partnership with the security and service agencies. He also thanked the Husseini, Abbasi, Kadhimiya and military shrines for their important role, praising the role of the national media in this visit, which represents an opportunity to re-sharpen the spirit of all service teams and review the work and improve the provision of service to the citizen in the upcoming visits.
In order to establish an integrated infrastructure that facilitates the visit, the Prime Minister announced during the conference 37 diverse service projects that will be initiated by the Supreme Committee for Millions of Visits, and more than (3.5) trillion dinars have been allocated for them, distributed among the budgets of ministries and governorates, and include the construction and rehabilitation of ring roads, intersections, bridges, pedestrian bridges and squares, the construction of water complexes and cities for visitors, and service complexes, and they will be initiated in a few weeks.
He pointed out that since the end of the Arbaeen pilgrimage last year, work has begun on rehabilitating the border crossings in Zurbatiyah, Al-Mundhiriyah and Al-Shaib, establishing large exchange yards to facilitate the transportation of visitors, and projects related to rehabilitating the roads linking Karbala to other governorates. The government has also made progress in the Karbala-Najaf Metro project, while the Karbala International Airport project has reached advanced stages and will be opened next year.
He stressed that the government took the initiative to establish the Supreme Committee for Million-Pilgrim Visits, to be the permanent organizer and supervisor of this great effort, indicating that this occasion is no longer merely ideological, but rather a national epic that witnessed the presence of our people from all religions and sects in more than 50 processions providing services to the visitors. LINK
************
Courtesy of Dinar Guru: https://www.dinarguru.com/
Militia Man They're making nothing but money off their oil, but they're also making nothing but money off their non-oil revenue streams. Now it's a totally different ball game. Back in the old days Iraq's valuation of $3.22 was based off oil. It wasn't on phosphates...sulfur...liquid natural gas...tax revenues...tourism. None of those. Add all that in now into the exchange rate gives some support doesn't it. You start thinking about it, wait a second, so why would you come back out at $3.22 again? Good question. Will they? Don't know. Is it likely they will? I don't know. Why would it be any less than that?
Militia Man If you guys have the lop question, it's totally uneducated as far as I'm concerned. 100%...Iraq said they were going to bring value to their currency. Doing a lop doesn't bring value. It's a reverse split. Stays the same. It's total B.S., utter nonsense. It's unstudied, uneducated and frankly, quackery as far as I'm concerned.
************
Iraq's Investment Guide for 2024 #iqd Exchange Rate
Edu Matrix: 8-25-2024
Iraq's Investment Guide for 2024 #iqd Exchange Rate - Regardless of what Iran-Backed Militants are Doing, Iraq is Moving Forward w/ Offering International Investment Opportunities in the Country.
"When the Crisis Hits, Buffett Will Buy Gold" Mike Maloney LIVE | Rebel Capitalist 3
Mike Maloney: 8-23-2024
this eye-opening video, Mike Maloney delves into the looming financial crisis, describing it as a "financial Supernova.
He explains the hyperbubble in asset classes, fueled by unprecedented levels of debt worldwide. Mike emphasizes the importance of owning precious metals like gold and silver as a safe haven during economic turbulence, backed by historical data showing their remarkable performance.
The video also challenges the notion of fiat currencies and their role in perpetuating economic instability.