Delta and KTFA Members Saturday PM 3-14-2020
KTFA:
DELTA: YES I AGREE WITH YOU........ALAQ..........IMO......HE IS GOING TO DO IT...WOW MORE CONFIRMATION ................
The Governor of the Central Bank, Ali Al-Alaq, revealed today, Saturday, that Iraq's external debts amount to about 23 billion dollars, while internal debts amount to about 40 trillion Iraqi dinars
Al-Alaq said in his study on "Reducing the Iraqi dinar exchange rate, determinants and alternatives," and published by the official website of the Central Bank, that "the external debt of Iraq is about 23 billion dollars, except for the outstanding debt before 2003 of $ 40.9 billion," noting that "the internal debt amounts to About 40 trillion dinars represent treasury transfers and debits with government banks and the Central Bank of Iraq.
The relationship added, “When a country is in debt and pays its debts and interest in the currency of the creditor country, the burden of the debts resulting from it in this case increases in the general budget of the state where a greater amount of its national currency is allocated to pay off its debt in foreign currency.” Continuing: “If the country is The debtor pays in its national currency (wink) , because it pays the same amount of debts and interest. "
It is noteworthy that during the year 2014, Iraq borrowed after the drop in oil prices from financial institutions and organizations, in addition to borrowing from home by selling treasury bonds.
Samson: Economist: The barrel of oil will rise to $ 60 immediately after the end of the Corona crisis
8:59 - 14/03/2020
Economic and financial expert, Safwan Qusai, suggested, on Saturday, that oil prices rise to $ 60 immediately after the completion of the Corona virus crisis, indicating that Iraq needs to take a strategic road map to confront the crisis of the oil price collapse.
Qusai said in a statement to the "information", that "the world oil prices collapsed for two reasons, the first of which is the Corona virus, as well as the dispute between the oil-exporting countries, where the return to previous agreements will take place, while the price of oil will rise from 60 dollars to 70 immediately after declaring control of Corona." Noting that "the end of the Corona crisis will revive the markets after the Chinese factories resumed their activities."
Qusai added that "Iraq must take several strict and resolute measures to face the repercussions of the oil collapse, including investing a percentage of the Iraqi cash reserve of about 87 billion dollars in development projects."
He said, "Reconsidering the investment budget is very important and transferring projects to the private sector to provide private job opportunities," stressing the need to "reduce the increased dependence on the government in job opportunities." LINK
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Samson: More than 50 billion dollars to combat "Corona" ... What does it mean to declare a state of emergency in America?
03/14/2020 14:54:35
US President Donald Trump announced on Friday a national emergency in the United States due to the spread of Corona virus in the country. The declaration of the state of emergency comes as one of the most important steps of the US administration to tackle the spread of the Corona virus, which has killed about 41 people inside the country.
What does an emergency declaration mean?
A state of emergency is a state that authorizes the US administration to carry out actions or impose policies that it is not normally permitted to do, and which it declares during disasters, civil disobedience, or armed conflicts and conflicts so that it alerts citizens to change their natural behavior and orders government agencies to implement emergency plans.
In 1976 a "National Emergency Law" was signed aimed at preventing the imposition of open-ended emergencies and strengthening the powers of Congress to monitor the president's powers under these conditions. The law allows the president to spend tens of billions of dollars to stop the state of emergency that could have been spent differently.
The President shall assume the powers conferred on him by the Stafford Act 1988, which enables the President to use disaster relief funds and other emergency assistance funds with the approval of Congress.
The Stafford Act allocates billions of dollars in funds to test kits for viruses, drugs, and other medical supplies, and even food and water, upon state requests.
During the emergency announcement, Friday, Trump said the law would open the door for more federal aid to combat the virus, which could reach $ 50 billion.
He added that the administration will abandon the rules that govern the place where patients receive treatment, as well as the rules that govern the number of hospital beds that can be located in one place. Trump also mentioned that Google is developing a website that will make it easier for Americans to check out the new Corona virus. The US administration expects to provide 1.4 million tests by next week, and another five million by next month.
What happens when declaring an emergency?
In the United States, the president can declare a state of emergency at the national level, making 500 federal laws in effect.
Governors of states or mayors can declare a state of emergency that covers only their state. The application of the emergency varies from country to country, but the measures that the government can take after the declaration of the emergency are: It is noteworthy that since 1976 each US president declared at least one national emergency, and former President Obama declared a state of emergency in 2009 during the swine flu epidemic.
Trump was criticized for declaring a national emergency at the US-Mexico border in 2018, when billions of dollars were spent on spending to build a wall along the border. It is noteworthy that the number of confirmed cases of Coronavirus in the United States exceeded, as of Friday noon, 2000 confirmed cases, while the number of deaths rose to 41 deaths. LINK
ChrisC: 41 people dying is a National Emergency?? More people probably die from spoiled food than that. This is a psy op to the MAX people. My kid's schools have closed for two weeks with NO KNOWN CASES! Two weeks? What is supposed to happen then? All that is happening is an extended spring break.
If it is a pandemic sweeping the country, it will just be WORSE in two weeks, but school is scheduled to start back up then. Remember the mobilized Marine Reserve Units? It is all tied together IMO, and 1.5 TRILLION was dumped by the Fed Reserve to the banks to keep them liquid about four nights ago. The game is afoot.
This just perfectly shows how the right words and images can freak reasonable people out. The CDC says WORST case scenario 1.5 million dead from 175 million infected. THAT'S NOT EVEN 1% mortality!!! Now Ebola was something to worry about but nobody freaked when some cases broke out in the US, but we are shutting schools and stopping trade over something that is not even as lethal as FLU?!? We are being played for some reason.
BillA: Agreed!!!! I'm not much into conspiracy theories but this thing just doesn't pass the smell test..........What is being hidden?
Josie: I saw a phrase this morn, in regards to the happening,,it was "Global Cleansing" ??
Don961: Trump: We prepare ourselves for the worst case scenarios regarding the Coronavirus
Politics 03/1420 19:28 101 Editor: ht
Baghdad today - follow up
US President Donald Trump on Saturday (March 14 2020) stressed that the United States is preparing itself for the worst-case scenarios regarding the Coronavirus.
"America is using the power of the federal government to defeat the Corona virus," Trump said at a news conference, noting that "the United States is in an excellent financial position now and the Federal Reserve will do what it needs to do."
"The United States is preparing itself for the worst case scenarios regarding the Coruna virus and we have 50 deaths so far," he added. LINK