More News, Rumors and Opinions Sunday Evening 4-24-2022

KTFA:

Samson:  Minister of Finance: The financial situation is very good and an upcoming meeting with the International Monetary Fund and the World Bank is in Baghdad

24th April, 2022

Today, Sunday, Finance Minister Ali Allawi revealed that meetings with the International Monetary Fund and the World Bank are about to be held in Baghdad, while noting that the financial situation is very good  LINK

MilitiaMan:   The meetings in the DC may have been even more relevant than what is to come in Baghdad. imo .

They talk about not needing any help with foreign parties, except for certain projects. The CBI has done a very good job with monetary policy stability. They reiterate that that CBI is the most knowledgeable in that regard.

MilitiaMan Cont…..Therefore, it may just very well be that the certain projects that need help with may be the project to delete the zeros and the automation of the borders on land, sea and air.

They are opening up today for Arab and foreign investors.  They are checking customs and tax receipts at the borders too. All transactions are to be automated, fully transparent and corruption free.

So with a very good financial situation the time for them to return to a previous era with the exchange rate looks to be in the process.

The next stage they speak of could be the reconstruction phase that would require the previous era rate to be applied.. We shall see. imo ~ MM

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"Today, Sunday, Finance Minister Ali Allawi revealed that meetings with the International Monetary Fund and the World Bank are about to be held in Baghdad, while noting that the financial situation is very good Allawi said in a statement to Al-Iraqiya News that "the meetings with the International Monetary Fund, the World Bank and other major institutions in the American capital, Washington, were good," noting: "We have reached several agreements, the most important of which is support for the reform process, especially the white paper ."

"Allawi stressed the need to "submit projects to obtain support, or a kind of American aid, especially in the technical and technical aspects," stressing that "the financial situation is very good, and we do not need support from any foreign parties, except for certain projects"

MilitiaMan:  This is that key point to note from the CBI. ~ MM.

" No. 56 of 2004, and it is he who draws the monetary policy himself without the interference of any party, and he is the most knowledgeable and best able to manage his policy in stability and development based on the articles of the Constitution of the Republic of Iraq 

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KTFA:

Samson:  Analysis: Al-Kazemi's government will continue its duties until new early elections in 2023

24th April, 2022

The representative of Salah al-Din Mishaan al-Jubouri suggested, on Saturday, April 23, 2022, holding new elections if the blocs fail to overcome the political blockage.

Al-Jubouri said in a tweet on Twitter, which was followed by the obelisk: He does not wish to break the bone between the parties, indicating that he supports resolving differences between political forces. He added that if the political blocs do not succeed in overcoming the political blockage, let us go to new elections, perhaps producing a two-thirds majority.

Three attempts to elect a president failed, six months after the early parliamentary elections. And to go to new early elections, one-third of the parliament members need to present his dissolution before the House of Representatives, then the House itself votes by half plus one, and the parliament itself is dissolved.

Academic Muhammad Hashem believes that the best solution to the political impasse in Iraq is to dissolve parliament and call for early elections within sixty days. And he added: In light of the current paragraphs of the constitution, it is impossible to achieve this because there are two-thirds or a majority, wondering about the authority that obliges everyone to do so.

A report by Al-Monitor newspaper talks about the most likely possibility, that the current government will continue indefinitely as a transitional government and hold other early elections in 2023, given the fact that the constitutional deadline for forming a government has passed.

And the Khaleej Times newspaper published leaks that forces from within the framework see that maintaining the government of Mustafa Al-Kazemi, with ministerial amendments to it, may be the most realistic and appropriate option in light of the current political impasse, especially with the Sadrist movement not showing any cooperation or response to the initiative that he put forward. The framework for the formation of the largest parliamentary blocLINK

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Investors on High Wire Without Fed’s Net - Ep 802

Peter Schiff:  4-23-2022

· Jerome Powell triggers market selloff after IMF roundtable comments. · Higher inflation is lowering the minimum wage’s barrier of entry. · FOMC egos are the only thing bigger than the economic bubble. · Gold bull market is being birthed as crypto bull market dies.

https://www.youtube.com/watch?v=sD2hlQm6PSU

MARKETS A LOOK AHEAD: Very Important Updates...

Greg Mannarino:   4-24-2022

https://www.youtube.com/watch?v=sOFS5OPkDAY

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