More News, Rumors and Opinions Wednesday Afternoon 9-29-2021
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Samson: Iraq ranks 148th in the world in the Index of Economic Freedom
29th September, 2021
Iraq ranked 148th in the world in the Index of Economic Freedom in the world for the year 2021, which was recently issued by the Canadian "Fraser Institute", with a score of 5.05 points.
The Economic Freedom Index measures the support provided by institutions and policies in 165 countries to economic freedom, while personal choice and voluntary exchange, freedom of market entry and competition, individual safety, and individual-owned real estate are essential components of economic freedom.
The institute uses 42 elements to build the index, which measures economic freedom in 5 main areas, namely, the size of the government, which is meant by spending, taxes, projects, legal structure, guaranteeing property rights, money and prices, which is meant by inflation and the growth of funds that have the same purchasing power relatively over time, and freedom of trade. At the international level, legislation related to credit facilities, the labor market, and business activities.
In a report for the year 2021, the institute said, "According to the sub-indices, Iraq scored 5.05 points in the size of the government, ranking 156th globally, while in the legal system and property rights, it scored 3.18 points, ranking 151 in this field."
Iraq ranked 117th globally in the money and prices index with 7.71 points, and in the field of freedom of trade at the international level, it scored 5.98 points, ranking 135th globally.
According to these indicators, Iraq ranked 148th globally in the field of economic freedom, outperforming Arab countries such as Egypt, Yemen, Syria, Algeria, Sudan and Libya.
At the Arab level, Jordan came first in the Index of Economic Freedom and ranked 50 globally, followed by Bahrain in 65th place, then the UAE third in 68th globally, Qatar in 80th, then Saudi Arabia at 91st, Lebanon at 95th, Morocco and Oman at 102nd, and then Djibouti 105th.
Globally, Hong Kong came first, followed by Singapore, New Zealand, Switzerland, Georgia, the United States, Iceland, Lithuania, Australia and Denmark. LINK
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RV Excerpts from the Restored Republic via a GCR: Update as of Wed. 29 Sept. 2021
Compiled Wed. 29 Sept. 2021 12:01 am EDT by Judy Byington
Judy Note: Timing of Mass Arrests, Public Announcements, Emergency Broadcast System Release and Global Currency Reset Liquidity was to be decided by the Military, and they weren’t talking.
Tier 4B liquidity would coincide with pending International Events. One of those Events was the global financial collapse and bankruptcy of US Inc. that was set to shut down the US Inc. government on Thurs. 30 Sept, while millions of Smart Devices would stop working on that same Thurs. 30 Sept.
Sat. 28 Sept. Fleming Update: The IMF wanted Iraq to put their international rate up on Saturday 2 Oct. as they needed 4 days to manage this internationally. They were told NO by the CBI – the new Dinar rate had to be out before the first of October, while the US wanted to push it into the first of October. Iraq had given their word for a start this week.
This week the Alliance Military was present in 80% of the globe, ready to bring down a 6,000 year old criminal syndicate who had been controlling the world’s monetary system.
Massive outages in the US linked to hosting servers that went down for many networks including in the UK.
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Global Financial Crisis:
Red October: The Bank Panic of 1907 occurred in October. The Stock Market Crash of 1929 occurred in October. Black Monday in 1987 occurred in October. Now the United States Treasury Secretary is warning a default could happen in October. https://twitter.com/GoldTelegraph_/status/1442878941950316554?s=20
Wall St Update Tues. 28 Sept: Dow slumps 350 pts, Nasdaq plunges 2% amid surging bond yields: https://www.google.com.au/amp/s/www.livemint.com/market/stock-market-news/wall-st-nasdaq-drops-over-1-at-open-as-surging-bond-yields-hammer-tech-stocks-dow-falls-100-pts/amp-11632836321910.html
Two of the world’s largest fund managers have emerged as early victims in the fallout of the China Evergrande crisis as investors swiftly departed Black Rock and Fidelity International funds exposed to Chinese real estate debt. The Black Rock fund has a fifth of its assets exposed to China’s real estate sector and nearly a third of the portfolio holds high-yield debt, also known as junk bonds. Black Rock had increased its holdings of Evergrande debt over the past few months, alongside HSBC, the Financial Times reported last week. https://www.afr.com/markets/debt-markets/blackrock-fidelity-funds-suffer-exodus-on-evergrande-fears-20210927-p58v3e
Treasury Sec. Yellen says Congress has just under THREE WEEKS to raise the debt limit amid DEFAULT & RECESSION fears. “We now estimate that the Treasury is likely to exhaust its extraordinary measures if Congress has not acted to raise or suspend the debt limit by October 18,” she wrote to House Speaker Pelosi. Yellen is testifying in front of the Senate Banking Committee on Tuesday. She warns “America would default for the first time in history” if the debt limit is not addressed promptly. “The full faith and credit of the United States would be impaired, and our country would likely face a financial crisis and economic recession.”
Read full post here: https://dinarchronicles.com/2021/09/29/restored-republic-via-a-gcr-update-as-of-september-29-2021/
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