News, Rumors and Opinions Saturday 3-14-2020
TNT:
Tishwash: The central bank reveals the value of foreign and domestic debt to Iraq
Central Bank Governor Ali Al-Alaq revealed, today, Saturday, that Iraq's external debt amounts to about 23 billion dollars, while internal debts amount to about 40 trillion Iraqi dinars.
Al-Alaq said in his study on "Reducing the Iraqi dinar exchange rate, determinants and alternatives," and published by the official website of the Central Bank, that "the external debt of Iraq is about 23 billion dollars, except for the outstanding debt before 2003 of $ 40.9 billion," noting that "the internal debt amounts to About 40 trillion dinars represent treasury transfers and debits with government banks and the Central Bank of Iraq.
The relationship added, “When a country is in debt and pays its debts and interest in the currency of the creditor country, the burden of the debts resulting from it in this case increases in the general budget of the state where a greater amount of its national currency is allocated to pay off its debt in foreign currency,” continuing: “If the country is The debtor pays in its national currency, because it pays the same amount of debts and interest. "
It is noteworthy that during the year 2014, Iraq borrowed after the drop in oil prices from financial institutions and organizations, in addition to borrowing from home by selling treasury bonds
Harambe: Bloomberg: Zimbabwe Gives Land Back to White Farmers After Wrecking Economy
(3/13/20)
Two decades after President Robert Mugabe wrecked Zimbabwe’s economy by urging black subsistence farmers to violently force white commercial farmers and their workers off their land, his successor has thrown in the towel.
Emmerson Mnangagwa’s government has proposed settling all outstanding claims against it by farmers by offering them land.
“The object of the regulations is to provide for the disposal of land to persons entitled to compensation,” Land Minister Perence Shiri said in regulations published in the Government Gazette Friday.
The seizures that began in 2000 were ratified by the government, which said they were needed to redress colonial imbalances. A vibrant agricultural industry that exported tobacco and roses and grew most of the food the nation needed collapsed. Periodic food shortages ensued, inflation became the world’s highest and the manufacturing industry was decimated. What was one of Africa’s richest countries became one of its poorest.
Almost 4,500 white-owned properties and others protected under government-to-government agreements were affected by the program.
The southern African nation this year budgeted about Z$380 million ($21 million) for compensation. Several farms that were protected under so-called Bilateral Investment Protection Agreements belonged to nations including the U.K., South Africa, Australia, the Netherlands and Denmark.
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Courtesy of Dinar Guru
Frank26 ...CBI came out two days ago...remember when I told you the CBI would continue the ongoing education of the monetary reform of the Iraqi dinar? Remember I told you it was really important this education was brought to them? ...it's been coming out piece by piece from the GOI to the CBI...the whole concept is we're going to teach the citizens that the whole concept of devaluing the Iraqi dinar is stupid...and that's Allaq the governor of the CBI...
Delta They know the CBI is about to do something. So this is going to come to the wire. So starting...Sunday morning...maybe next week or so...the Central Bank of Iraq is going to do something. They have to. They are right on the bridge of collapsing. By the way the Central bank of Iraq has done a tremendous job...
AWK News 3.14.20: The flow of information is VITAL. Keep up the good fight. Q
AsWeKnow: Mar 14, 2020
With 150,000 sealed indictments…when people are arrested there will be civil unrest….The National Guard is being deployed to bring peace. ……when the declass happens and people begin to see the evil it is going to be very difficult.
With the national guard being activated…with this emergency….could it be it’s all lining up ….to make it easier to round folks up? These 150,000 indictments could hold more than I person. Could it be happening now???
Coronavirus IS THE PIN - Mike Maloney's Gold/Silver Update
Premiered 23 hours ago
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