Dinar Recaps

View Original

More News, Rumors and Opinions Monday Afternoon 10-11-2021

TNT:

Tishwash:  I still don't think this is officially official though hahaha

Shi'ite cleric Moqtada al-Sadr wins Iraq election

Shi'ite cleric Moqtada al-Sadr's party swept an Iraqi election on Monday, coming first and increasing the number of seats he holds in parliament, according to initial results, officials and a spokesperson for the Sadrist Movement.

 A count based on initial results from several Iraqi provinces plus the capital Baghdad, verified by local government officials, suggested Sadr had won more than 70 of the 329 seats in parliament.

A spokesperson for Sadr's office said the number was 73 seats. Local news outlets published the same figure.

An official at Iraq's electoral commission said Sadr had come first but could not immediately confirm how many seats his party had won.  link 

See this content in the original post

Courtesy of Dinar Guru

Pimpy  It looks like an all fair election, transparent and clear.  No hassles.  No nothing.  From all the stories that I've heard including people I spoken to over there, it went without a hitch.  Which is surprising.  What I mean by that a lot of elections in the past have been questionable.  Everybody seems to be happy.  I mean everybody.  All the way around.  We'll learn more in the coming days that's for sure. 

************

KTFA:

Samson:  Al-Kazemi announces the arrest of the financial supervisor of ISIS and Al-Baghdadi's deputy

10/11/2021 09:36:27

 The Commander-in-Chief of the Armed Forces, Prime Minister Mustafa Al-Kazemi, announced the arrest of an important and senior leader in the terrorist gangs of ISIS.

Al-Kazemi said in a tweet on Twitter this Monday morning: “At a time when the eyes of our heroes in the security forces were vigilant to protect the elections, their authentic arm in the intelligence service was carrying out one of the most difficult intelligence operations outside the borders, to arrest the so-called Sami Jassim, the financial supervisor of ISIS and deputy The tomb of Abu Bakr al-Baghdadi.

He added, "The forearms of the faithful have been blessed." And Prime Minister Mustafa Al-Kazemi had revealed during his vote in the parliamentary elections yesterday, Sunday, a security achievement that he did not reveal at the time, and he will announce it today, Monday.   LINK

************

Samson: Al-Kazemi’s advisor: The rise in oil prices will push the government not to borrow to fill the defici

11th October, 2021

The financial advisor to the Prime Minister, Mazhar Muhammad Salih, confirmed on Monday that the rise in oil prices will prompt the government not to borrow to fill the budget deficit

Saleh said, "The rise in oil prices will fill the deficit in the budget, but this rise needs to be sustained and throughout the fiscal year

He added, "The budget has set the price of a barrel at 45 dollars, and therefore what concerns us is calculating the average price of a barrel during one year," expecting that "the average price of a barrel during 12 months is 65 dollars a barrel or a little more

He pointed out that "this price would fill in whole or part of the deficit in the budget instead of going to borrow to fill this deficit," noting that the budget was built on a deficit of 27 trillion dinars during the current year  LINK

See this content in the original post

Will the Feds Try Price Controls to Fix Price Inflation

The Nomad Economist:  Oct 10, 2021

https://www.youtube.com/watch?v=1eoWRFgYd2k

5 Reasons Why the Gold Bull Market has Years to Run

Miles Harris:  Oct 10, 2021

https://www.youtube.com/watch?v=6tXXVY1-jrU

See this content in the original post