News, Rumors and Humor Wednesday Afternoon 1-26-2022
KTFA:
Samson: The International Monetary Fund lowers its forecast for global growth in 2022
26th January, 2022
The International Monetary Fund has lowered its forecast for global economic growth as a result of the uncertainty surrounding the pandemic, inflation, supply chain disruptions and the tightening of US monetary policy, which pose additional risks.
The Fund said in its report on the developments in the prospects for the global economy, seen by Shafak News Agency, that “the global economy is expected to achieve a growth of 5.9 percent in 2021 and then decline to 4.4 percent in 2022, a decrease of half a percentage point,” adding that “global growth It is expected to slow to 3.8% in 2023, up 0.2% from its previous forecast in October.”
He added, “The basic expectations and the implications of movement restrictions, border closures and health effects resulting from the spread of Omicron, and the variation of these factors between countries depending on infection and the severity of movement restrictions, will be a burden on growth in the first quarter of 2022, provided that the negative impact fades in the second quarter of the year.” The pandemic is now expected to result in combined economic losses of $13.8 trillion through the end of 2024.”
The IMF lowered its forecast for US economic growth by 1.2%, given President Joe Biden’s failure to pass a spending package for social and environmental programs before tightening US monetary policy and the persistence of supply shortages. 2021, with growth expected to rise again to 5.2% in 2023. LINK
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Samson: Iraq Is Out Of The Top Ten Most Corrupt Countries In The World
26th January, 2022
A member of the United Nations Convention Against Corruption coalition, Muhammad Rahim Al-Rubaie, revealed, on Wednesday, that Iraq has left the ranking of the ten most corrupt countries in the world.
Al-Rubaie said, in a statement reported by the official “Al-Sabah” newspaper, that “Iraq has followed several policies, including the adoption of the national strategy to combat corruption, which will be launched during the next few months by the Integrity Commission, in partnership with civil society organizations and the private sector,” referring to the strategy “will diagnose the sources of corruption and divide them into political, social, administrative and financial.”
Al-Rubaie added, “The quota system in the distribution of positions has clearly affected the treatment of corruption, and we hope that the Federal Service Council will limit the influence of quotas in government institutions.”
The head of the Al-Nahrain Network for Integrity Support called for “the need to pay attention to freedom of expression and support the press, which are the two indicators that Transparency International greatly adopts, which will achieve additional points for Iraq and enhance its position on the Transparency International Index,” stressing the need “to legislate laws on the right to access information, and activate and the application of Financial Management Law No. 6 of 2019 and the application of the principle of transparency stipulated in the law in its tenth chapter, which raises Iraq to another level of this indicator. LINK
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Courtesy of Dinar Guru
Pimpy Article: "Al-Sadr after the Federal Court's decision: We are proceeding with the majority government and our door is open to those we think well of" The courts have ruled the first parliamentary session was considered constitutional therefore it continues. This is a good sign. Now that Halbousi has been nominated and has been voted in as the President of Parliament they turned about and they nominated Salih to be the president of Iraq...It looks like Salih is going to become the president of Iraq barring any other issues.
Vital Brad When the Iraqi dinar goes back onto the international market it's going to be an internationally recognized currency/a tradable currency so we're going to be able to take our Iraqi dinar down to a Forex bank (you'd have to look up your area which one actually trade foreign currency) and you'll see the IQD - the Iraqi dinar. You'll be able to exchange it at the going rate...and I don't think there's going to be a prior rate to the public.
TNT:
Tishwash: Economist: Iraq may get half a trillion dollars annually if it is linked to the Silk Road
Economic analyst Younis Al-Kaabi said, on Wednesday, that if Iraq agreed to the Silk Road project, it would generate revenues of more than $500 billion annually, while referring to the project, which would revive the entire economic aspect of the country.
Al-Kaabi told the agency, "Information", that "the initiative put forward by China, which includes more than 64 countries, is not just a transportation road project, but a package of important economic projects such as transportation, tourism, and the establishment of industries and oil and industrial facilities," noting that "the project also includes the construction of roads." Fast, ports and transportation lines shorten the long sea routes that are now used by global maritime trade.”
He added, "Iraq has not yet taken a decision about its approval of the Silk Road project. If approved, it will not bear any costs related to the project, but the entire initiative will bear China's high costs," noting that "the volume of investment in the project is currently approximately $500 billion, and it is possible that Iraq’s revenues from revenues through transit will be much more than this number, because most of global trade will pass through Iraq.”
Al-Kaabi explained, "The revenues of the Silk Road will be the first and main axis that enters Iraq, followed by oil, meaning that it will reduce its dependence on the oil side only," stressing that "the project will revive the entire economic aspect of the country and even the country's infrastructure will change to be compatible with China's standards for the establishment of this road." Global".
The analyst concluded by saying, "China will try to transfer its industries and establish new industries to the countries that participate in this initiative to shorten costs and be at preferential prices, and thus provide many job opportunities in establishing this road and in the industries that follow it link
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TNT:
Mot: you just have to smile and hope for the best ...
These are the people who are responsible for shaping the next generation and how they handle things is going to make a difference in all of our futures. There are times, however, when all of their efforts fall flat and you just have to smile and hope for the best. That fact is clearly seen in these answers to last year’s GED exam. After you read them, you might just want to buy a ticket on the next rocket ship off of this rock.
The following questions were set in last year’s GED examination. These are genuine answers (from 16-year-olds).
Q. Name the four seasons.
A. Salt, pepper, mustard, and vinegar.
Q. How is dew formed?
A. The sun shines down on the leaves and makes them perspire.
Q. What guarantees may a mortgage company insist on?
A. If you are buying a house they will insist that you are well endowed.
Q. In a democratic society, how important are elections?
A. Very important. Sex can only happen when a male gets an election.
Q. What are steroids?
A. Things for keeping carpets still on the stairs ..
Q. What happens to your body as you age?
A. When you get old, so do your bowels and you get intercontinental.
Q. What happens to a boy when he reaches puberty?
A. He says goodbye to his boyhood and looks forward to his adultery.
Q. Name a major disease associated with cigarettes.
A. Premature death.
Q. What is artificial insemination?
A. When the farmer does it to the bull instead of the cow.
Q. How can you delay milk turning sour?
A. Keep it in the cow.
Q. How are the main 20 parts of the body categorized? (e.g. The abdomen)
A. The body is consisted into 3 parts – the brainium, the borax and the abdominal cavity.
The brainium contains the brain, the borax contains the heart and lungs and the abdominal cavity contains the five bowels: A, E, I, O, U.
Q. What is the fibula?
A. A small lie.
Q. What does ‘varicose’ mean?
A. Nearby.
Q. What is the most common form of birth control?
A. Most people prevent contraception by wearing a condominium.
Q. Give the meaning of the term ‘Caesarean section.’
A. The caesarean section is a district in Rome.
Q. What is a seizure?
A. A Roman Emperor.
Q. What is a terminal illness?
A.. When you are sick at the airport.
Q. What does the word ‘benign’ mean?
A. Benign is what you will be after you be eight.
Q. What is a turbine?
A.. Something an Arab or Shreik wears on his head. Once an Arab boy reaches puberty, he removes his diaper and wraps it around his head.