News, Rumors and Opinions Sunday AM 1-29-2023
KTFA:
Henig: MP asks a parliamentary question to the governor of the CBI regarding Iraq’s money in the US Federal Bank
Al-Amarah / NINA / The independent MP from Maysan Governorate, "Raed Hamdan Al-Maliki," directed a parliamentary question to the governor of the Central Bank of Iraq regarding Iraq's money in the US Federal Bank.
In a statement, he asked, what is the legal basis for keeping deposits of Iraq's money in the US Federal Bank / New York? And what are the justifications that called for increasing investment in the possession of US Treasury bonds, which amounted to about (38) billion dollars, and whose money is formed from Iraq's official reserves? LINK
Henig: An Economist for / NINA/: The strategic partnership agreement with France is historic .. Iraq should benefit from it
Baghdad / NINA / - The Economist, Raad Twaij, praised the strategic partnership agreement with France, describing it as a "historic agreement in the full sense of the word," and Iraq should benefit from it.
Twaij said in a statement to the National Iraqi News Agency (NINA) that "the strategic partnership agreement with France is a complete openness to the global economy. Iraq must take advantage of this historic opportunity to strengthen its economy and bring about sustainable development."
He added, "The agreement was comprehensive, its backbone was the transfer of technology in transportation, infrastructure, energy, defense, education, and the research field, and in the field of economy, encouraging the investment of French companies in Iraq, developing the Iraqi private sector, and developing agricultural industries," noting that: "Such agreements can help accelerate the development of the Iraqi economy."
Al-Sudani visited Paris on Thursday and Friday at the head of a high-level delegation. He met French President Emmanuel Macron and the French Prime Minister.
During the visit, a strategic partnership agreement was signed between Iraq and France, and a number of memorandums of understanding in the areas of combating corruption, recovering Iraqi funds, protecting antiquities, supporting scientific research and training diplomats. LINK
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Henig: Deputy: 30% of the employee's income was affected by the rise in the dollar
5 hours ago
Independent MP Amir Al-Mamouri revealed, on Saturday, that employees’ salaries were affected by 30 percent due to a direct change in the exchange rate of the dollar.
Al-Mamouri said in a press interview seen by “Takadam” that “employees’ salaries were affected due to the continued rise of the dollar, which created real concern among employees,” noting that “the value of salaries in general decreased by 30 percent due to the rise of the dollar.”
He pointed to "the existence of a parliamentary move to pressure the government to return the exchange rate of the dollar to its previous state," stressing "the need for the government to take action against anyone who causes commodity prices to rise exponentially."
Al-Mamouri called on the government to "issue immediate instructions to gradually reduce the dollar's exchange rate and punish anyone who monopolizes the dollar." LINK
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Courtesy of Dinar Guru
Frank26 Article: "Al-Sudani acknowledges the existence of a rise in prices and says that the window for selling the currency "distorted" the financial and banking systems" DISTORTED BECAUSE THEY DEPEGGED & ARE PREPARING TO FLOAT INTERNATIONALLY Quote: "Al-Sudani said, There is a rise in prices as a result of fluctuations in the exchange rate of the dollar, but overall our financial situation is the best since 2003.."
Mnt Goat Article: "THE OVERTHROW OF SPECULATORS AND THE STREET GIVES THE CENTRAL BANK A WEEK TO SAVE THE DINAR" ...these dinar rates at even 1166, 1450, etc. are NOT acceptable. The true rate is being suppressed. There is a difference between the wording of “value” and “rate”. The value of the dinar never left the dinar since it is based on the oil they are pumping. In fact they are pumping almost 2/3 more since Saddam Hussein’s day. Plus, there is a huge CBI reserve $100 billion + and almost 38 ton stockpile of gold. So, to think they have to rehabilitate and grow their economy first to RV to the rate we are looking for is very, very foolish... The rate does not reflect the true value. Yes, if they grow their economy to greater heights, the value and thus the rate should then reflect the increase and go even higher.
MilitiaMan and Crew:
Money off the Streets - No Cash Sales - Central Bank of Iraq
1-28-2023
There is a reason the US Federal Reserve Bank has made a move to not sell dollars. Make sure you get the whole story Militia Man & Crew's patrons bring you!!!
China’s Plan To De-Dollarize The World - Revealed!
Sean Foo: 1-29-2023
Wall Street legend Zoltan Pozsar warns that the US dollar is under attack with China leading the campaign to de-dollarize the world.
We are moving towards a multi-polar world and a new financial order is building. Here is China's grand plan to undermine the dollar by building new alliances and using the power of CBDCs. You must understand this!