More News, Rumors and Opinions Monday Afternoon 8-30-2021
TNT:
Monday UPDATE for August 30, 2021
The Foreign Minister is saying that after the conference this weekend, Iraq is now proclaimed as an investment opportunity!
Several international countries are now seeing the success of the summit and are calling for Iraq and the CBI to take needed actions to secure Iraq’s status in the international world.
Courtesy of Dinar Guru
Frank26 Article "Al-Kazemi: The Baghdad conference embodies Iraq's vision of establishing the best relations with its surrounding and the world." Didn't I tell you Iraq would become the central hub? Didn't I tell you Iraq was important to the Middle East...didn't I tell you everybody is counting on Iraq to raise the value of its currency. The phoenix rises from its ashes. This is an amazing article.
Frank26 Frank Article "The collapse of the Iraq Stock Market" Penny stocks you need to sell millions and million of them in order to make a few thousand dollars. How many investors do you know that want to invest their money in something like that...the excitement IMO many of these brokerage outlets are well aware that the Iraqi dinar exchange rate it about to change and because they know that they're pumping a lot of information about the Iraqi dinar into Forex, into Wall Street...everybody knows that they are no longer worthless. This is a very good article...
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KTFA:
Samson: Al-Kinani demands the lifting of immunity from all MPs : There are very serious confessions
30th August, 2021
The head of the Foundation for Reform and Change, Sabah al-Kinani, demanded, on Monday, the lifting of immunity from all members of the Iraqi parliament.
Al-Kinani said, in a statement to NRT today, (August 30, 2021), that "I am calling on the Supreme Judicial Council to lift the immunity of all members of the Iraqi Council of Representatives." He added, "There are more than 50 deputies dealing with Bahaa Al-Jourani and Diaa Abu Masar Abu Manar, and with most of the whales of corruption controlling ministries and state property.
These are employees who work for businessmen and whales of corruption." Al-Kinani continued, "I call on the Supreme Judicial Council to enact a law that lifts the immunity of all Iraqi parliament, and there are very serious confessions."
It is noteworthy that on August 24, the Central Anti-Corruption Criminal Court sentenced businessman Bahaa Al-Jourani and director of the cement company Ali Saleh Al-Attar to 6 years in prison, each on charges of corrupt contracts.
A document obtained by NRT stated, “The Central Anti-Corruption Criminal Court, headed by Judge Haider Jalil Al-Birawi, and the membership of judges Ali Anwar Dalf and Ziad Fadel Al-Khatib, who are authorized to judge in the name of the people, and the court issued its decision to: The criminal Baha Alaa Abdul Razzaq Alwan was sentenced to a temporary prison term of 6 years in accordance with the provisions of Article 308 and in the light of Article 310 of the amended Penal Code No. 111 of 1969
And the period of his detention was not calculated because it is impossible, his self-determination has been postponed, for the crime of interfering with the appointment of the accused whose papers have been separated ( Ali Saleh Hadi Attar) is the general manager of the General Company for Iraqi Cement, and then the supply contracts of the General Company for Iraqi Cement are referred to the companies of the accused Baha Alaa Abdul Razzaq Alwan Al-Jourani in Baghdad in 2020 . LINK
Red Alert : US Deficit Will Total $3 Trillion in 2021
The Atlantis Report: Premiered 21 hours ago
Large and sustained federal budget deficits are harmful to the fiscal health of the United States. Yet policymakers struggle with reining in the red ink.
Even in times of economic growth, the federal government ran large and growing budget deficits, near $1 trillion per year. The U.S. budget deficit mushroomed by 2% last month to $209 billion, another step in a journey back toward 1 trillion dollars a year budget deficits.
The Congressional Budget Office estimates that the federal government ran a deficit of $173 billion in June, the ninth month of fiscal year 2021. June’s deficit was the difference between $450 billion in revenue and $623 billion in spending.
So far this fiscal year, the federal government has run a cumulative deficit of $2.2 trillion, the difference between $3.1 trillion in revenue and $5.3 trillion in spending. This deficit is nearly triple the shortfall over the same period in FY2019 ($1.5 trillion greater) but is 19% ($508 billion) lower than at the same point in FY2020.