More News, Rumors and Opinions Sunday PM 12-10-2023
TNT:
Tishwash: Official working hours in all government institutions will be suspended on December 18 and 19
Today, Sunday (December 10, 2023), the Prime Minister’s Media Office announced the suspension of official working hours in all government institutions on the 18th and 19th of this month.
A statement received by “Baghdad Today” stated that “Prime Minister Muhammad Shiaa Al-Sudani received today, Sunday, the Chairman of the Board of the Independent High Electoral Commission, Omar Ahmed Muhammad, accompanied by the Head of the Electoral Administration of the Commission, Abbas Al-Fatlawi, and was briefed on the Commission’s latest preparations for holding council elections.” Governorates scheduled for December 18th.
The Prime Minister stressed, "The government is keen on the success of the electoral process, as it is a constitutional entitlement, and the importance of preparing all the requirements for success so that the results are the true expression of the will of the Iraqi people, ensuring that they are conducted fairly and transparently."
During the meeting, according to the statement, “December 12 was set as the date for handing over schools to the Commission’s cadres, in order to prepare the requirements for the electoral process, and to suspend official working hours in schools for a week, as well as suspending official working hours in all government institutions on December 18 and 19.” The current one, which will be approved by the Council of Ministers at its next session.”
The Ministry of Education announced earlier this evening that classes in all schools would be closed, starting Tuesday, 12/12/2023, for a period of one week only, with classes resuming on Wednesday, 12/20/2023, in implementation of the directives of the national government and in preparation for holding the elections. Local governorate councils and preparing electoral centers within educational institutions. link
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CandyKisses: A political agreement to choose the new speaker of the new Iraqi parliament next Tuesday
Baghdad December 10, 2023
Iraqi parliament failed to choose replacement for Al-Silbousi at the end of last month (Getty)
Political parties in the capital Baghdad revealed, on Sunday, reaching a preliminary political agreement on the entitlement of choosing a new president of the Iraqi parliament, next Tuesday, amid expectations of the difficulty of achieving a quorum for the session.
Since the decision of the Federal Court to terminate the membership of the Iraqi Parliament Speaker Mohammed Al-Halbousi, in the middle of last month, the Iraqi political forces have been experiencing differences and conflicts over the selection of a speaker of parliament, while the House of Representatives failed to choose the replacement of Al-Halbousi at the end of last month, which prompted him to postpone the choice until further notice.
The leader of the "coordination framework" Aad Al-Hilali told Al-Arabi Al-Jadeed that "a political agreement has been reached between the Iraqi political forces, provided that the election session of a new president of the Iraqi parliament will be next Tuesday, but without agreement on any specific candidate, the dispute over the candidate names is still ongoing between the political parties."
Al-Hilali indicated that "the coordination framework does not support any specific candidate to take over the presidency of parliament, and each party within the framework has a certain point of view on the nominated names, and it will be left to the deputies to choose the person they deem suitable for this task during the next stage."
He added that "the failure of parliament again to resolve the choice of the speaker of parliament during this week, means that the file will be resolved after the announcement of the results of the provincial council elections (conducted on December 18), and may also be after the formation of local governments, especially that blocs and parties will be busy with the negotiations to form governments."
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Courtesy of Dinar Guru https://www.dinarguru.com/
Militia Man Article: "Encouraging the local currency and dealing with it in light of the current economic conditions the country is experiencing is an important issue especially with the government's intention to strengthen the Iraqi dinar against other hard currencies especially the dollar..." They're educating them. All these things are fascinating. It's happening before our eyes.
Frank26 Question: "How long will we have to exchange IYO?" The American dollar 3-zero notes are still legal tender. They're from the turn of last century! We still have 3-zero notes...and they've never been expired. But in this case it's different. IMO I think they'll probably give you within a year. Therefore it could be a year, six months, 3 months...
MARKETS A LOOK AHEAD: JP Morgan WARNS On The Economy. BIG FED. MEETING. Important Updates!
Greg Mannarino: 12-10-2023
Credit Markets Can Deteriorate Overnight | Rick Rule
Liberty and Finance: 12-10-2023
Gold recently made all-time highs. Rick Rule joins us to discuss the positive fundamentals for precious metals and what appears to be set up for a multiyear bull market in precious metals.
He reminds investors that they should have a long view and not be swayed by daily market movements. He also discusses the need to maintain liquidity due to the high risk of a credit market crisis.
With liquidity, investors may be able to get incredible deals if the market crashes.
INTERVIEW TIMELINE:
0:00 Intro
1:39 Gold & silver update
15:07 Franco-Nevada
17:14 Empress Royalty
19:30 Argentina
22:58 Banking system
27:06 Battle Bank
31:12 US national debt
34:09 Preparedness
35:38 Bootcamps