News, Rumors and Opinions Friday 5-29-2026
KTFA:
Clare: FYI: The Cabinet, decided to suspend official working hours in all ministries and state institutions from Tuesday, May 26, until Saturday, May 30, on the occasion of Eid al-Adha. ****
The statement indicated that official working hours would resume on Sunday, May 31. It added that official working hours would also be suspended on Thursday, June 4, in all ministries and government institutions on the occasion of Eid al-Ghadir.
*TOMORROW IS THE LAST DAY OF THE Eid al-Adha HOLIDAY ... AND THEN THERE IS A HOLIDAY ON THURSDAY, JUNE 4TH
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Tishwash: Former MP: The government faces two paths: borrowing or raising the exchange rate.
5/27/2026 Information/Baghdad...
Former member of the parliamentary finance committee, Abdul Hadi Mouhan, confirmed that the new government faces two paths: either external borrowing or increasing the exchange rate domestically in order to increase revenues under the current circumstances.
Mohan told Al-Maalomah, “There are two paths for the new government led by Ali Al-Zidi to ensure the securing of expenses, especially operational ones, by moving towards external borrowing, which is the most dangerous path that Iraq will face if it goes in this direction.”
He added that "the second path that the government may resort to in order to increase its revenues is to go towards raising the exchange rate, which is the least dangerous path compared to going towards external borrowing, which is a double-edged sword for Iraq."
He indicated that "the government will most likely move towards raising the exchange rate in the upcoming budget in order to address the existing inflation and the deficit in the federal budget, and to ensure that the economic situation does not collapse." LINK
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Clare: The Prime Minister orders a review of government contracts, the identification of those responsible for wasting public funds, and their referral to the judiciary.
5/28/2026 Baghdad /
Prime Minister Ali Faleh al-Zaidi has ordered the relevant oversight bodies and law enforcement authorities to review government contracts, identify those responsible for wasting public funds, and refer them to the judiciary.
Al-Zaidi directed the oversight bodies to initiate investigative procedures into a number of important contracts previously concluded by ministries and government institutions, to determine their compliance with laws and regulations, and their adherence to public rights and interests. This is a preliminary step to uncovering shortcomings and identifying those responsible for injustices and the misuse of public funds, as well as those who benefited from these contracts at the expense of the public interest.
Al-Zaidi also directed that the results of the investigations be submitted to the competent judicial authorities as quickly as possible, in order to protect public funds, deter those who manipulate them, apprehend them, and bring them to justice LINK
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Courtesy of Dinar Guru: https://www.dinarguru.com/
Jeff Things have tremendously, significantly changed since the new government's been in. They're preparing to revalue ...Because the new government takes Iraq to the next stage and the next phase.
Militia Man Over the past 48 hours we've seen a remarkable convergence of signals across political, financial, digital and economic fronts. The government under the prime minister Al-Zaidi is hitting the ground running with clear execution focus. He is a technocrat. He's taking charge now over the foundation Al-Sudani put in place...all advancing at the same time...
Stephen I have never been more positive about the Iraqi dinar revaluing as I am right now. However...we have to watch things play out...Things are positive. Things are moving. We're watching things play out right before our very eyes. We're watching all the Iranian corruption in the country of Iraq slowly but surely get removed. Everything is working in our favor.
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Why Is Trump Threatening Ft. Knox Gold Audit Again | Stefan Gleason
Arcadia Economics: 5-18-2026
All of a sudden Trump's talking about auditing the Fort Knox gold again.
Which seems to come at a mysterious time, and to dig into what's going on behind the scenes with that, Stefan Gleason of Money Metals joins me on the show.
So to find out more, click to watch this video now!