More News, Rumors and Opinions Sunday Evening 6-21-2020
TNT:
Tishwash: The government reduces the estimated price of oil to $ 30 and cancels the 2020 budget
A parliamentary source revealed, on Monday, the government's intention to cancel the budget of 2020 and reduce the price of speculative oil to bridge the budget deficit and pay salaries, indicating that the Minister of Finance promised to comply with the affairs of the state by law 1/12 and internal and external borrowing.
The source said in a statement to the "information" that "the Parliamentary Finance Committee met with economic figures and officials, the last of which was the Minister of Finance Ali Allawi on the general financial crisis in the country."
He added that "Allawi stressed the futility of setting a budget for the current year, since the remainder of the year is 5 months. A law and feasibility study will be drafted during the remaining two months, meaning that the general budget will be for a period of three months, which is beneficial."
He explained, "The government will continue to spend money and salaries through the State Administration Law 1/12, but it reduced speculative oil prices to 30 dollars instead of 56 dollars last year, as well as relying on the external and internal borrowing law to provide money and bridge the deficit." link
Tishwash: An economist warns of the collapse of the private sector and calls for its rescue
On Sunday, a member of the Iraqi Economic Council, Ghadeer Al-Attar, warned of the danger of the rapid collapse of the private sector, calling on the Iraqi government to seriously contribute to supporting the vital sector and its rapid rescue.
Al-Attar said in a statement that Alsumaria News received a copy of it, "The Iraqi private sector companies are currently suffering from suffocating crises due to a pandemic. Which struck all the joints of the work of these companies, which caused great financial losses as well as psychological anxiety and fear among the employees of these companies and their managers because of the spread of the epidemic.
Al-Attar pointed out "the need for the Iraqi government to adopt a new policy to support private sector companies with financial financing, as happened in countries France And Britain. Germany and the UAE Diameter, In order to rebuild itself, as these companies are an effective and essential shareholder within the Iraqi economy, in addition to that they also contribute directly to absorbing unemployment because of their record employment rates.
Al-Attar indicated that "private sector companies, including car trading, tourism, contracting, construction, and other companies, have proven successful experience and growing ability in cooperation with the public and mixed sectors, and after 2003 and until the present day, the private sector was the strongest present within the national economy." link
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Courtesy of Dinar Guru
Frank26 This is amazing. IMO they gave them notice today [Friday] to the citizens. Actually to the international world. On a holiday. Do you know what that notice was? What's it called? REER - Real Effective Exchange Rate. They gave the real effective exchange rate today? No but they said that they have one. Wow. I like it a lot.
MilitiaMan The World Bank is going to manage Iraq's exchange rate into the future. At least that's what they said they were going to do. Because why? They have an agreement with the CBI...it specifically says they have an understanding and an agreement...for them to manage the exchange rate means they're going to change it.
Ex-Intelligence Dir: Exposing What The Deep State Is | Richard Grenell | POLITICS | Rubin Report
The Rubin Report: Jun 6, 2020
Dave Rubin of The Rubin Report talks to Richard Grenell (Former Acting Director of National Intelligence & Former US Ambassador to Germany) about the Deep State, President Trump, how tech is disrupting diplomacy with international partners and gives an insider’s look at how Antifa could be affected by President Trump.
Richard first gives an insider’s take on what exactly the “deep state” is. He shares how the DC elites make decisions for the rest of America while bearing little to no consequences for them.
Richard discusses how Donald Trump has functioned as a disrupter to the way that Washington DC operates. Richard also discusses what Donald Trump refers to as Obamagate. Richard gives an insider’s look at how Barack Obama and his administration weaponized intelligence agencies like the FBI, CIA, and NSA to investigate Michael Flynn using James Comey and how this led to Russiagate hysteria.
Finally he discusses what tactics could be used to deal Antifa for their connection to the violent riots across the country.