Dinar Recaps

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News, Rumors and Opinions Saturday PM 4-8-2023

KTFA:

Clare:  The General Secretariat announces the suspension of official working hours on Sunday and Monday for the Christian component

4/08/2023

The General Secretariat of the Council of Ministers announced today, Saturday, the suspension of official working hours on Sunday and Monday, for the Christian component.

The spokesman for the General Secretariat, Haider Majeed, said in a press interview that "based on the decision of the Council of Ministers, taken during the fourteenth regular session, held on April 4, 2023, to consider Sunday and Monday, April 9 and 10, as official holidays for the Christian component, on the occasion of the Resurrection Day." Glorious".  LINK

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Clare:  Distributing the salaries of employees and retirees before Eid Al-Fitr

4/08/2023

An official source in the Iraqi Ministry of Finance suggested, on Saturday, that the salaries of employees and retirees will be distributed before the Eid al-Fitr holiday.

The source told Shafaq News agency, "It is likely that the salaries of retirees and employees will be paid before Eid Al-Fitr, as the Eid holiday coincides with the end of the month."

He added, "The Ministry of Finance will mobilize its efforts to distribute salaries in full before April 20," expecting that "salaries will be distributed to employees first, and then retirees second."

It is expected that Eid Al-Fitr will fall on the 21st or 22nd of April.    LINK

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Clare:  Parliamentary Finance expects the approval of the oil and gas law "immediately" after the budget, on condition

4/08/2023

Member of the Parliamentary Finance Committee, Ikhlas Al-Dulaimi confirmed, on Saturday, that the agreement between the federal government and the Kurdistan Regional Government will reflect positively on the general budget and oil and gas laws.

Al-Dulaimi told Shafaq News agency, "The agreement between the federal government and the Kurdistan Region will reflect positively on the general budget law within the parliament and its approval in record time, and it is also a positive step for approving the oil and gas law in light of the positive conditions in the country."

She added, "Today, if the political will is real and exists to solve the problems, the approval of the oil and gas law will be immediately after the approval of the budget law."

Al-Dulaimi said, "The draft oil and gas law is still with the government, awaiting approval by the Council of Ministers and sending it to the House of Representatives."

And last week, the Federal Prime Minister, Muhammad Shia' al-Sudani, and the President of the Kurdistan Regional Government, Masrour Barzani, agreed to resume exporting the region's oil, which was stopped by a decision of an international court.  LINK

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Courtesy of Dinar Guru

Frank26   What are the 2 months of the year that the Central Bank of Iraq has historically has made a change to their monetary reform?  April and September.  What month are we in? 

Militia Man  The draft budget law...the whole process is about the citizens and for implementation of investment project...it's about the private sector...Everything is changing.  What are they telling you?  If they're going to a private sector, they're going international.  That is huge.  We're in a huge space at this time...

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$300 Trillion Debt Bubble Is Popping | E.B. Tucker

Liberty and Finance:  4---8-2023

The Federal Reserve's raising of interest rates is putting severe stress on the system, says E.B. Tucker, editor of The Tucker Letter.

He provides insights into how investors can thrive in this new environment. He expects higher prices in metals, and believes $2000 will act as a floor for gold going forward.

INTERVIEW TIMELINE:

 0:00 Intro

1:14 Banking system

5:34 Bubble popping

14:44 Financial preservation

21:31 Gold & silver

https://www.youtube.com/watch?v=VHHi3LWEpgo

“I Truly Believe One of the Hugest Shifts in Finance Is Coming At Us” & Silver COMEX Default?

Mile Maloney:  4-8-2023

When asked recently for his opinion on how institutional investors may move the silver market, Mike Maloney did not hold back.

 Watch today’s video to hear Mike’s belief that not only are we headed towards a COMEX default, but as he says ‘I truly believe that we are in for something gigantic.

One of the hugest shifts in finance and monetary history is coming at us.”

https://www.youtube.com/watch?v=ZGgLJnryOr4

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