News, Rumors and Opinions Late Wednesday Night 3-4-2020
TNT:
BurbankLou: 8% of Iran's parliament has the coronavirus, and it released 54,000 prisoners as the country descends into chaos
Eight percent of Iran's parliament — 23 out of 290 members — has been infected with the coronavirus.
At least seven government officials also have it, including one of Iran's vice presidents, and a key adviser to Ayatollah Ali Khamenei has died from the virus.
The government's efforts to suppress information about the scale of the outbreak has exacerbated its impact, and experts warn this is a cautionary tale for the rest of the world..
Iran is descending into chaos amid the coronavirus outbreak, with the government seemingly incapable of handling the scale of the crisis and going as far as to threaten the death penalty to those who hoard necessary materials or equipment.
At least 77 people have died in Iran from the virus so far, according to the official death toll, though the number could be much higher because of the government's apparent efforts to hide the extent of the outbreak. Iran has over 2,300 confirmed cases.
A BBC News report, which cited hospital sources, on Friday said the death toll from coronavirus in Iran was actually 210.
Reuters
As of Tuesday, 8% of Iran's parliament has been infected, according to CNN, along with Iran's deputy health minister and one of the country's vice presidents. And a key adviser to Ayatollah Ali Khamenei, Mohammad Mirmohammadi, has died from it.
In total, at least 23 members of the 290-member Iranian parliament have tested positive for the novel coronavirus, CNN reported. The parliament has been suspended indefinitely, and lawmakers have been asked to stop meeting with the public.
Iran appears to have the highest number of government officials infected with the coronavirus. At least seven Iranian officials, including Vice President Masoumeh Ebtekar, have tested positive for coronavirus.
Meanwhile, Iran has temporarily released 54,000 prisoners to combat the spread of COVID-19, the respiratory disease caused by the virus, BBC News reported.
Courtesy of Dinar Guru:
Frank26 ...wait till you see the new candidate that Trump brings in. Wait till you see the guy he wants as prime minister. This guy is a walking bulldog. And he's all for the United States...
Jeff ...Iraq can't do a dang thing. Iraq is frozen as far as launching their economy. Iraq cannot launch their economy until the rate changes. Iraq's economy is frozen. They can't even provide for the demonstrators...they said Iraq will be launching their economy on March 30th. Don't forget about that. That was roughly close to a month ago. They said there's gonna be a lot of heavy hitters - financial big players and they said Iraq will be launching their economy on March 30th...
****************
KTFA:
Don961: Ways to achieve development
Tuesday 03 March 2020 Haider Kazem Al-Baghdadi
Defining the paths of economic growth is extremely important to achieve the goals that the country seeks to achieve balanced economic development that contributes to transferring the reality of the national economy to a better stage than it is.
When the issue of development is addressed, the matter requires standing at the available natural resources within the geographical area that represents the field of work for a future stage, and here we can realize that work inside Iraq is economically feasible and this is something that all specialized international companies are waiting for and the right moment to enter the Iraqi labor market.
Re-arranging the papers of the local economic house is an urgent necessity at this time when Iraq needs major efforts to work to develop the national economy and advance the level of services, then go to the stage of activating the national production that can be influential in the regional and international markets, by making Iraq an industrial center Internationally, it distributes its products between the poles of the western and eastern world.
Iraq is distinguished by its geographical location on the world map and this is an important advantage that can be employed in a manner that achieves the highest levels of economic feasibility when bilateral partnerships are achieved between Iraq and the major international companies classified on the international list, where it is chosen to choose the appropriate location in the country and be an international industrial center whose products go out to the market Local and global markets, which reach them with short periods of time, not exceeding 10 to 15 days, and this is not possible when transporting good link
Daverne: wow this is huge and love that it said 10 to 15 days
Don961: Parliamentary efforts to reduce the interest of bank loans
Wednesday 04 March 2020
Baghdad / Al-Sabah / Shaima Rashid
The Parliamentary Finance Committee ruled out that the budget for this year 2020 would be voted on due to the lack of time remaining, while its efforts to reduce the benefits of bank loans indicated that it leads to a decline in the economic growth of the country. Member of the Finance Committee Ahmed Al-Hajj Rashid said in a statement to "Al-Sabah": "The issue of interest is one of the methods of monetary policy, and the benefits are measured by the economic activity of the country. The more successful the activity, the higher the benefits and vice versa, meaning that the activity if it is weak must be benefits." Few, and if the government wants to reduce public expenditures, it must increase interest. "
He added that "the economic situation in Iraq is deteriorating and flabby, and the high benefits lead to people not borrowing from banks, and therefore the funds in the banks are idle and inactive money, which in turn leads to a decline in economic growth," noting that "the central bank is responsible for monetary policy It is an independent authority that no one can interfere with, noting that “the Finance Committee will strive during its upcoming sessions to host them and discuss the possibility of reducing benefits.”
As for the 2020 budget, Rashid said, “There will be a budget for this year due to time constraints,” noting that “the 2020 budget It has a deficit of 50 trillion dinars, which is what g Late in the Ministry of Finance, and therefore the parliament can not be passed, and only arrived in the financial statements. "
To that, the financial advisor to the Prime Minister, Mazhar Muhammad Salih, called the boards of directors of Iraqi banks to reduce the interest rate on loans.
Saleh said: "The economic problem of Iraq lies in the fact that the interest rates are high for many reasons, the most important of which is the liberalization witnessed by the Iraqi banks, as freedom was given to the administration of the Council of Banks by determining interest on loans and deposits in the central bank, when one participation is called the monetary policy interest that banks borrow from the bank". link
DELTA: GYS I TOLD YOU SO(wink) .............THANK YOU DON FOR YOUR HARD WORK...
"the central bank is responsible for monetary policy It is an independent authority that no one can interfere with, noting that “the Finance Committee will strive during its upcoming sessions to host them and discuss the possibility of reducing benefits.”
*************
Frank26: 3-4-20. EVERYTHING IS OKAY
This video contains health info