Dinar Recaps

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News, Rumors and Opinions Sunday Afternoon 7-12-2020

TNT:

Weekend UPDATE for July 11-12, 2020

Sunday -

Al-Kadhimi on Iraqi TV saying the upcoming meeting with USA will help lead Iraq to international acceptance and all things there will be brought back to Parliament for agreement and a vote.

It appears major concerns will be over security and also about Iraq's relationship with Russia and especially their Air Defense 400 System they purchased from Russia.

The citizens are calling for a total dissolve of Parliament saying it costs a billion dollars a year on salaries that have not lead to help to the citizens on the streets.

They are calling for early elections saying the deep state of Iranian-backed members in the Parliament already disagree with the meeting in Washington and will not agree to vote on anything, so to move forward Iraq has to dismantle the Parliament and do early election.

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PamD:  Let's ask ourselves and consider it a sign, not relating to Iraq's drama-filled news - how much longer can Vietnam's currency not be available in the US through banks? Isn't that a great sign of progress, irrespective of Iraq.

Eccle519:  The Macro on this is the "Level Playing Field" which isn't quite here yet. Whatever is in mind for the new economy moving forward involving Gold and other resources, crypto etc...that's when currencies will revalue between now and just after the election imo…

Eccle519:  The fiat dollar is purposely being printed into oblivian like maxing out the credit card before bankruptcy...imo, world currencies can't revalue to the current fiat

Eccle519:  A new Treasury note/dollar in a different form is what may be coming and won't be that noticeable to the public except they won't print paper cash of the new notes...China is already introducing a Central Bank Digital Yuan (CBDC) and don't think the US is not way ahead of that….. ...It's the Forest and the Trees scenario with this world revaluation...It's already started

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KTFA:

Samson:  Tuesday is an official holiday in the Kurdistan Region

12th July, 2020

The governmental departments and institutions were suspended from official work on Tuesday in the Kurdistan Region on the occasion of the 14th of July anniversary.

According to the official holiday schedule confirmed by the government "calendar", Tuesday 7/14/2020 is an official holiday on the occasion of the July 14 anniversary.

Both the Kurdistan Regional Government and the federal government were suspended annually on this date on the occasion of the overthrow of the monarchy in Iraq on July 14, 1958.  LINK

Popeye7:  Interesting day 7/14/2020... Lots of 7's... In fact the whole date adds up to the numeric 7.. 7+1+4+2+2=16.... 1+6=7... Just before Alak the CBI leaves as well... What a send off that would be... If you know what I mean... We shall see, and time will tell...

Popeye7:  Revisiting the 2014 Christine Lagarde address to National Press Corp.. She indicated at the beginning she is declaring what she is told... Maybe she does not even understand what she is declaring entirely, but reading a script?..

With that being said, there could be clues in what she was saying as Christine did emphasize the number 14 (2 times 7), and of course the number 7 itself... The year 2014 could have also been a clue as well... We are in the year 2020, and on Tuesday it will be the 14th of the 7th month of the year or 7/14/2020...

She also made it point to declare the G-7, as well as the G-20... I am curious as to who gave her the script she read.. Anyway, here is the link to the video.. Christine Lagarde 2014

https://www.youtube.com/watch?v=c3OvugEbbrc

Remember she said beyond the horizon the economy looked brighter, and that there would be 7 years of economic growth...

How would she, or whoever gave her this script know this... There are things we are not privy to behind the scenes, and things that occur that have either a positive, or adverse effect on our world are planned well in advance... God bless, and take care.. 

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Samson:  He revealed the files of Al-Kazimi's upcoming visit to Washington

7/12/22020 13:31:56

Said adviser to the Prime Minister, Mustafa Al-Kazemi, that the Prime Minister’s upcoming visit to the United States will include several aspects, including security.

"It is a visit that includes the development of all relations, including on the security side," Hisham Dawood told Al Furat News.

He added, "Our relations with America are strategic, cultural, scientific, economic, agricultural, and there is no doubt on the security side, and this is normal because we have a common war against ISIS and military relations and we import weapons from them."

It is expected that Prime Minister Mustafa Al-Kazemi will visit Washington, DC, in the next few days, during which he will head the Iraqi side in the second round of the strategic dialogue between the two countries.   LINK

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Samson:  Parliamentary finance talks about a major financial crisis that will strike Iraq after July

11th July, 2020

Member of the House of Representatives for the Finance Committee, Ahmed Al-Saffar, said that the reasons for the delay in the salaries of employees as a result of the collapse of oil prices and the Corona pandemic are the real reasons behind the deterioration, as well as government failure to take economic decisions

He added, that the House of Representatives voted on the external borrowing law in order to secure the salaries of employees during the coming months and the borrowing will be for two months only as the government will face major financial problems after the end of the current month due to the lack of sufficient funds to cover salaries

And Al-Saffar stressed that the government is currently unable to overcome the crisis, but if it provides an alternative to oil by opening border crossings in addition to supporting agriculture and farmers, and presenting their requirements in order to provide an agricultural environment to support local crops, prevent importation and start exporting crops that have been declared self-sufficient In which

Corruption of successive governments after the American occupation of Iraq caused the collapse of the economy, brought the country to the brink, and emptied the state treasury

The state employees fear that their salaries will be interrupted, which greatly harms the economic lives of citizens due to the dependence of the Iraqi street and the commercial movement on pumping salaries of employees that the government declares from time to time the state treasury is unable to provide  LINK

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Iraqi Dinar News 07/12/20

Pimpy’s Investment Chat:  Jul 12, 2020

https://youtu.be/b2yHZ3DZLtk?t=7

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