Dinar Recaps

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KTFA Members "News and Views" Sunday 3-15-2020

KTFA:

Samson:  Parliamentary Finance: Iraq is still in the stage of danger ..We sell oil for 27 dollars

14th March, 2020

Member of the Parliamentary Finance Committee, Ahmed Hama Rashid, confirmed on Saturday that Iraq is still in the red zone of danger due to low oil prices, calling for a speedy recovery.

Rashid said in a statement, which received / Mawazine News / a copy of it: "Today the price of oil has increased by about $ 1.50 and fifty cents, and the sale of Brent is at $ 34.72, which means that Iraq is selling oil at $ 7 compared to Brent, i.e. $ 27.72."

He added: "If we hit the full volume of the exported oil 3 million and 800 thousand barrels, then we get 32 ​​trillion and 26 billion dinars, then we are still in the red zone of danger, and therefore we must remedy it quickly."   LINK

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Samson:  Human rights demand the suspension of working hours for 14 days

15th March, 2020
The Commission for Human Rights, on Sunday, asked the government to suspend work for 14 days.

"We call on the government to suspend working hours for 14 days and compel citizens to stay in their role," commission member Fadhel al-Gharawi said in a statement.

He stressed "the necessity to start field sterilization campaigns to preserve the lives of citizens from the risk of the spread of the Corona virus."   LINK

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Samson:  A parliamentary call to declare a state of emergency and permanently disable government institutions in the country

15th March, 2020
Called on the Parliamentary Health and Environment Committee, on Sunday, to declare a state of emergency for a limited period, while calling for the suspension of governmental and private institutions.

The committee said in a statement, which received / Mawazine News / a copy of it, that "from the standpoint of protecting the country from the regional and international environment that threatens the spread of the epidemic virus, we call on the government and the crisis cell formed by Diwani Order 55 for the year 2020, to declare a state of emergency for a limited period."

The committee also called for "disrupting the country's governmental and private institutions so that the state's capabilities may have the flexibility and ability to confront this imminent danger according to the available capabilities."  LINK

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Samson:  To start closing shops in Al-Kut for 10 days

15th March, 2020
A security source said in Wasit, today, Sunday, that the provincial police have started to close shops in the center of the city of Kut.

The source said in an interview with "Mawazine News", "The Wasit Police Command started today to close the shops in the city center of Kut."

The source pointed out that "the decision to close for a period of 10 days with the exception of food stores, pharmacies and medical clinics."  LINK

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Samson:  Parliamentary finance calls for an emergency budget

15th March, 2020
The Parliamentary Finance Committee called for putting an emergency budget in the 2020 budget to avoid crises that hit the country.

Member of the Finance Committee Hanin Qaddo said, "Although Parliament has not yet received the budget in order to be able to rebuild it according to the current data with the fall of oil prices and the spread of Corona virus, and the commercial movement and transactions with the economy and the American attacks, the reduction of salaries in any way is not Possible alternatives should be found," he said, calling for "there to be a study of the 2020 budget at least to ensure the salaries of employees and retirees at this stage."

He added, "There are no contingency plans in all state institutions, as we did not have administrative units or emergency housing or for floods or displacement, which requires us to have a budget for emergencies, and all of these matters are related to creating a strong figure for the prime minister who overthrew the corrupt and imposes the law To all parts of the country, including the region, and works to restore the prestige of the state.”  LINK

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Samson:  The Central Bank of Iraq announces the allocation of 30 billion dinars to counter the Corona virus

15th March, 2020

The Central Bank of Iraq has announced the allocation of 30  billion dinars to counter the Corona virus in Iraq

The Governor of the Central Bank of Iraq, Ali Al-Alaq, said in a press statement, received by "Al-Iqtisad News", "Supporting the efforts of the state to confront the Corona virus with an amount of 30  billion dinars deposited in the bank account designated for this purpose, which was announced by the Deputy Prime Minister for Economic Affairs

Al-Alaq called on banks and the private sector to contribute to the campaign  LINK

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Samson:  Spain imposes a large fine on those who leave his home without reason

03/15 2020 16:34:02

 The Spanish government imposed a large fine on those who left their home without reason.

With the withdrawal of international media, "the Spanish government decided to impose a fine on those leaving the house without reason from 500 euros to 2000 euros." ($557 - $2228 USD at current rate of exchange)

As Spain declared a 15-day state of emergency and obliged citizens to stay in their homes to cope with the Coronavirus, which has spread widely.    LINK

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ChrisC:  Some of you will choke on what I am about to say, but I would feel remiss if I didn't mention my most recent conspiratorial theory.  The panic over this virus is ludicrous and irresponsible given its lethality, however, it is a way to "encourage" people to go buy some supplies to help them through a few weeks of a tough time. 

1.5 Trillion was laid out in one night last week to handle the repo market and now even Glenn Beck is talking about it. 

Trump called all the banking heads in for a meeting last week and I believe it was how he was going to handle their imminent collapse.  If our government told its people that the banks were about to fail, there would be a run on the banks and it would be chaos and pandemonium in the streets. 

 If they go down and people have secured several packages of toilet paper, maybe they can make it during the time it will take to reorganize everything.  Who cares about food as long as you have toilet paper. 

This makes sense why the Marine Reserves were mobilized a couple of months ago and why the absurd panic over a souped up cold.  This is all my hair brained idea only backed up with a lot of experience, but it is just IMO.  Be sure you get some toilet paper but throw in a can or two of beans also.  

Mike4339:  There is obviously more behind this virus than meets the eye...I find it strange that all these businesses and school districts are closing until the end of March, or the first week of April. If the Corona Virus was so out of control, wouldn't you expect everything to be "Closed until further notice"? Oh yeah, IMO

Iggy:  do not forget the bank meetings...something more……imo

Goldenboy:  I went to five stores just to get toilet paper! The stores were full of food and people but all toilet paper gone, lol! It’s not even that kind of virus!

This was all predicted in a 1981 book from Dean Koontz called “The Eyes of Darkness” describing to the year 2020, the virus would come out in Wuhan China. Said it would be flu like. Would come and then disappear quickly.

This is a setup IMO for something big! Trump knew the corrupt media would jump on this based on their stupidity. Remember, he knows how to play them. He set the hook in the Rose Garden the other day! Imo, the next two weeks will be a roller coaster ride that we haven’t seen before.

What if, they use this time under a national emergency to arrest the corrupt politicians who for years have escaped justice while the common man isn’t allowed the same.

What if, you see a treasonous x president go down for an attempted coup.

What if you see the world currency switch to Gold backed and there is a global reset!

What if this has all been a game and they knew there would be some collateral damage to set up and complete this,but it they would rather have the weak and frail sacrificed instead of a mass chaos ending in countless dead world wide!

The stage is set, toilet paper in closet, popcorn in the microwave, let’s get this party started!

Iggy:  it's getting hot in here...put on your hazmat suit...let's spread some cheer...if you lock them all up, i will buy the beer...

DELTA:

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