News, Rumors and Opinions Monday 6-8-2026
KTFA:
Clare: Al-Araby Al-Jadeed: Al-Zaydi wants to finalize the appointment of the Ministers of Interior and Defense before going to the United States
6/7/2026
Political and parliamentary sources reported that Parliament postponed the session to complete the vote on the government until a political consensus is reached on the remaining ministries, amid ongoing discussions about the possibility of voting on a number of them, and it is not necessary for all of them to be passed.
The sources, speaking to Al-Araby Al-Jadeed newspaper, pointed out that Al-Zaidi wants to complete his ministry before heading to Washington on a visit that is being planned in advance. The presence of the Ministers of Defense and Interior is essential for this visit, in which security files will be on the agenda. This comes at a time when Iraq is facing security and political challenges, which raises questions about the repercussions of the absence of senior executive leaders in the security and military institutions on the government’s ability to manage sensitive files. LINK
Tishwash: Iraq is discussing with the World Bank the provision of technical support for preparing the upcoming budget.
6/7/2026
Finance Minister Faleh Sari met on Sunday with a World Bank delegation headed by Regional Director Jean-Christophe Carré and the Special Representative of the mission in Iraq, Emmanuel Salinas, to discuss prospects for technical and institutional cooperation and support for the country’s financial and economic reform priorities.
A statement issued by the Iraqi Ministry of Finance indicated that the meeting discussed mechanisms for cooperation with the World Bank in providing technical and advisory support for the preparation of the next general budget, in order to enhance the efficiency of financial planning, take into account spending priorities, and support financial sustainability, in light of current economic changes.
The statement quoted the minister as saying that the Ministry of Finance is proceeding with the implementation of financial reforms based on developing financial management, enhancing non-oil revenues, and modernizing banking, tax and customs systems, in line with the priorities of the government program.
Sari pointed to the importance of benefiting from international expertise and technical support provided by the World Bank, particularly in the areas of institutional capacity building, financial policy development, support for development projects and investment promotion.
For its part, the World Bank delegation renewed its support for the Iraqi government in implementing financial and economic reform programs, and providing the necessary technical advice, in order to contribute to strengthening financial stability and supporting the Sustainable Development Goals. LINK
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Courtesy of Dinar Guru: https://www.dinarguru.com/
Thom Iraq has a new government. It's functional but incomplete, and the hardest decisions are still unresolved...What's still unresolved: Nine ministries remain unfilled including Defense, Interior, Planning, Culture, Higher Education, Labor, Migration, Housing, and Youth. Defense and Interior are the two that matter most because they control the security apparatus and are directly tied to the weapons disarmament push. Washington refused to resume transfer of certain dollar assets to Iraq while pressuring Baghdad not to seat affiliates of Iran-backed militia groups in cabinet posts...Who fills Defense and Interior will signal more about this government's actual direction than any written policy commitment.
Sandy Ingram We know the World Bank is providing $900 million to Iraq at a time when the world is in a little bit of trouble with the oil because they can't get it through the Strait of Hormuz. All of a sudden the World Bank is providing the necessary finances to help Iraq provide alternatives to a massive global problem...When the World Bank moves with a $900 million check, things happen...When "the powers that be" get around the table and they decide something should happen because it is in the best interest of global economy shit happens...This $900 million is so crucial, not only to Iraq, but for the world...
Jeff Everything needed/required to happen is happening right in front of our face. Preparing to revalue. Every freaking step. You can't mention one thing that's not happening, not being discussed or mentioned. Every possible freaking thing that's needed to be covered, done and performed is happening right now in our face to prepare towards the revaluation...
'These Are ENDING Moves' - GOLD to $10k, Stocks to CRASH 30%+: Edward Dowd
Commodity Culture: 6-8-2026
Edward Dowd believes that AI companies priced on a hope and a dream are holding up the broad market and when reality finally hits, he expects stocks to crash 30% or more, with the silver lining being a $10,000 price on gold.
00:00 Introduction
00:33 Gold Will Go To $10,000
03:06 Iran War Impact on Gold and Silver
06:52 How High Can Oil Go?
09:58 AI Risk in Broad Market
14:57 Opportunity in Bubble Bursting?
16:59 Real Economy in Tatters
18:43 Sovereign Debt Crisis Ahead?
20:56 China is in Trouble
25:28 China and Dedollarization
27:55 What is Peter Thiel's Endgame?
29:35 Is There Any Value in Markets Today?