More News, Rumors and Opinions Thursday PM 7-4-2024

KTFA:

Clare: The Prime Minister directs the suspension of official work next Sunday on the occasion of the Islamic New Year

7/4/2024

Prime Minister Mohammed Shia Al-Sudani directed to suspend official work next Sunday, on the occasion of the Islamic New Year.    LINK

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Clare: Integrity Commission to Nina: We have achieved advanced steps in the file of recovering funds

7/4/2024

The Federal Integrity Commission confirmed that it has achieved advanced steps in the file of recovering Iraqi funds smuggled from abroad.

The Director of the Department of Relations with Non-Governmental Organizations, Moataz Al-Abbasi, said in a statement to the National Iraqi News Agency / NINA /: "The file of recovering funds is still active and developing rapidly, and there is international cooperation as we have taken extensive steps that recently led to the recovery of one of the wanted persons from abroad and taking legal measures against him."

He added, "The Integrity Commission is concerned with developing an anti-corruption strategy, as we have completed a national strategy for the years 2021-2024, and we are currently working on developing a new strategy for the coming years 2025-2030."

He explained: "The strategies depend on international cooperation, the development of global expertise, and the exchange of data and other strategies, so the Integrity Commission has been keen to exchange experiences and meetings with the parties concerned with developing strategies, and this helps us develop a good national strategy that is measurable and produces clear results."    LINK

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Clare:  Parliamentary Committee to Al-Eqtisad News: The Oil and Gas Law is Almost Complete, and This is What We Hope for from Barzani’s Visit to Baghdad

7/4/2024  Baghdad

Member of the Parliamentary Oil and Gas Committee, Zainab Al-Moussawi, revealed today, Thursday, the latest developments in the Oil and Gas Law, while pointing to the impact of Masoud Barzani’s visit to Baghdad on the approval of the law.

Al-Moussawi said in an interview with Al-Eqtisad News: “So far, the draft oil and gas law is almost complete, with a high percentage that may reach 90%, but there are some objections from the Kurds regarding some points, which are summarized in handing over oil imports and exploited and unexploited natural resources to Baghdad, as Erbil refuses to do so.”

She added: "We hope that Masoud Barzani's visit will be the beginning of resolving the crisis of the law and its legislation after an agreement with the political foundations in Baghdad, which is the Coordination Framework, as all political blocs are moving towards legislating the oil and gas law that regulates the country's natural resources."

The member of the Parliamentary Oil Committee explained that "the Oil and Gas Law contributes to exploiting the largest possible amount of undiscovered oil fields and also contributes to achieving self-sufficiency in petroleum derivatives and optimal exploitation of wasted natural resources estimated at hundreds of billions of dollars that contribute to diversifying the state's financial resources."  LINK

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

Frank26 Once you see the HCL, when will you see the new exchange rate?  **snap** [That fast].    

Militia Man  The Oil and Gas [Law] and the presidency of the House of Representatives, I think those are going to be coming, tie to tie, hand in hand because...if they need to value...assets, they're going to need a real effective exchange rate...

Wolverine   There will be no announcement of the RV. The notifications...to exchange will just come out without warning...very soon...Private contractors are being paid...I’ve seen the signed contracts and certified documents for the reset. It’s...happening.

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BREAKING NEWS Iraq's Successful Bond Sale Completed

Edu Matrix:  7-4-2024

Iraq sold government bonds to local and foreign investors. The sale was successful.

https://www.youtube.com/watch?v=E6niW_xF7JM

Even THE BANKS Say This Is GARBAGE!

Lynette Zang:  7-4-2024

Today we are talking about these banking "stress tests" and how they are apparently showing us that the banks can handle a market collapse...

https://www.youtube.com/watch?v=vPCDx0uUVuY

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