News, Rumors and Opinions Saturday Evening 8-6-2022
KTFA:
Samson: Russia bans the trading of its companies' shares to citizens and investors of "unfriendly countries"
5th August, 2022
Russian President Vladimir Putin signed today, Friday, a decree banning the trading of shares of Russian companies to citizens and investors of “unfriendly countries” until the end of this year.
The decision includes preventing investors from "unfriendly countries" from buying shares and investing in strategic and affiliated companies, in addition to the "Sakhalin 1" project and the "Kharajinskoye" energy field, according to the Middle East News Agency.
The decree includes drilling and underground extraction companies, in addition to companies serving the Russian fuel and energy complex and Russian banks.
Putin gave the Russian Cabinet 10 days to prepare a list of Russian companies, banks and transactions, in which the use of shares by foreigners from unfriendly countries is prohibited.
On June 30, the Russian president signed a decree on the "Sakhalin-2" project, in which "Gazprom Sakhalin Holding" will receive shares in the authorized capital of the operator. LINK
Courtesy of Dinar Guru
Frank26 IMO the IMF gave the CBI until July 31st. ...Yeah, IMO...they said you have until the 31st to complete all of this. What is all of this? Release your new exchange rate...IMO they have 30 days from July 31st to complete this. This is just my opinion.
Frank26 IMO the IMF gave them certain criteria to accomplish in the month of July and they did...From July 31st to the end of this month I'm looking for what these [recently released dinar] videos are talking about. I'm looking for a new exchange rate and a reinstituted currency in the country of Iraq...
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TNT:
Yada: I’m of the mind they will set a new election date. This puts more pressure on the GOI because with the EFSL, there is a government in place and the rate can be released with it regardless of the Keystone Cops antics to control stuff. Documents show they are dissolving. The GOI wants to stay in front of the release and not look insignificant because progress was done without them.
CharlieOK: And all of these conversations have to include the fact that only the CBI can change the rate. For all we know, the parties involved have settled the relevant issues and we just don't know it. The CBI could "Kuwait" us at any time.
Yada: The moving piece to watch is Kazimi. He is doing what needs to be done to complete the release of the reforms which includes the rate release. All the rest, for what we wand, is musical chairs for the sake of being in a position when all is said and done. Do see Kazimi addressing those who sling mud at him? He is making it happen all the while having the trump card at his disposal. The document shows the request to dissolve, which parliament could vote to do Or he pulls the trigger with the president
KajunRedBull: I think the big thing in our favor is oil prices. Should that suddenly takes a big drop, then Iraq's money will not be enough to cover their budgeted expenses! Just saying.
LifeBPerfect: Yada, I think as soon as PM Kazemi or someone is appointed as “the” starting point for dissolving, new elections, constitutional amendments,etc. then RV
Yada: Lifebeperfect,,do not think we'd have to wait till they do all that to RV. "new elections, constitutional amendments,etc." Those reasons we are here and waiting to do all that will take longer than 60 days. Dissolve and the PM is in place with Kazimi and RV. The rest will follow later
Nintendo: this RV will happen. just need to seat the gov
Yada: Why? They already have a government in place. To wait on these bozos will create further delay. There will be a "State of Emergency" called and all the hype of "they have to do this or they have to do that" disappears. Kazimi has all in place while the EFS is fully implemented.
Nintendo: Pray to God this is it. Then this will finally happen and the super long wait will be over then we can all get on with our lives
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Tishwash: Next week..Erbil will host an international investment exhibition
The city of Erbil, the capital of Kurdistan Region, is scheduled to host an international investment exhibition next week.
The supervisor of the exhibition, Ribaz Darwish, told Shafaq News Agency, "The exhibition will be with the participation of dozens of international, Arab and local companies in the field of investment, and it will be held in the International Exhibition Hall in Erbil and will last for four days."
Darwish added, "The exhibition aims to attract investment to the Kurdistan Region, and exchange investment experiences from foreign companies, in addition to introducing them to the labor market in Kurdistan." link
Economic Collapse: Things Are Escalating Very Quickly!
I Love Prosperity: 8-4-2022
POWELL SAYS RATES NEUTRAL: Why Are So Many Skeptical?
Lynette Zang: 8-4-2022
Fed Chair Powell says the interest rates are now at “neutral.” We're going to talk about what neutral is and what that means for the markets and for you.
Chapters:
0:00 What is Jerome Powell Saying?
0:59 Central Bank Reaches “Neutral” Setting
3:36 Neutral Fed Rate “Indefensible”
9:20 Fed Trying to Slow Down Rate Hikes
13:00 Gold Does Not Pay Interest Rates
16:34 Do You Believe Their Lies?