News, Rumors and Opinions Thursday 5-18-2023
TNT:
Tishwash: The Finance Committee meets to finalize the budget law
The Finance Committee discussed the following files:
Supporting strategic projects and following development paths
Providing the necessary resources to develop priority sectors and improving public services and infrastructure
Contributing to investing natural resources in order to achieve financial and economic stability for the state in accordance with the implementation of the government program
Mechanism for determining the need for spending units from allocations Finance for the possibility of making transfers
Ensuring exchange priorities
Maximizing non-oil revenues
Emphasizing the involvement of the private sector to contribute to improving production and continuity of projects link
CandyKisses: Iraq’s file in a special session of the UN Security Council. Notes and praises
Shafaq News / The UN Security Council will hold a special hearing on Iraq on Thursday, in New York, during which the representative of the Secretary-General of the United Nations Jenin Blaskhart is expected to deliver a speech on recent developments in the country, as well as the recent report of the UNAMI mission and issues related to Kuwait's losses from the Iraqi invasion.
The "Security Council News" website stated in a report translated by Shafaq News Agency, that Iraqi Prime Minister Mohammed Shia Al-Sudani recently announced the approval of the Council of Ministers on the draft budget for the years 2023-2025, which is supposed to deal with the priorities he set in his government program such as combating corruption and unemployment, creating jobs, supporting low-income segments, reforming the economic and financial sectors and strengthening public services.
The report indicated that Blaskhart is expected to provide the Security Council with a follow-up on relations between the federal government and the Kurdistan Regional Government, as the two governments continued their dialogue on outstanding issues, such as revenue sharing and oil law, in addition to the first visit of Sudan to the region on March 14 and 15, in addition to the arbitration case that froze the flow of oil sales from the region to Turkey, and then the settlement that took place between the governments of Baghdad and Erbil on this issue on May 11.
According to the UN report, the security situation will also be one of the axes of the words of Blaskhart, as ISIS continued to launch attacks, mainly in the governorates of Anbar, Baghdad, Diyala, Kirkuk, Nineveh and Salah al-Din, while the Iraqi security forces continued to confront terrorist operations.
The report pointed out that the number of attacks attributed to ISIS during the first quarter of 2023 (92 attacks, compared to 188 attacks during the first quarter of 2022), the lowest quarterly figure since Iraq declared victory over ISIS in December 2017, highlighting an overall decrease in attacks.
Blaskhart is also expected to address the harmful effects of climate change on Iraq, which is one of the most vulnerable countries in the world to climate, and suffers from increasing water scarcity as a result of desertification, salinity and disagreements over water management with neighboring countries, causing a decrease in the water level in the Tigris and Euphrates rivers.
In addition, in her press briefing before the Security Council, Blaskhart will address issues of human rights and the humanitarian situation in Iraq.
A representative of civil society in Iraq will participate in the session, where she will talk about issues focusing on women, peace and security, and will call, according to the report, for justice in women's participation in political life, and the importance of passing the law on violence against women.
Besides, Blaskhart will raise the issue of regional impacts on Iraq.
The members of the Security Council are expected to commend the progress made by the Iraqi authorities in implementing their government programs, including the agreement on the budget, the scheduling of provincial elections, and the interim agreement between Baghdad and Erbil on the sharing of oil revenues.
They may also welcome success in operations against ISIS and promoting security stability, stressing the importance of dealing with the root causes of extremism.
The session will also address, according to the report, the end of the UNAMI mandate scheduled for May 31, as some countries are expected to demand that the mission’s role be strengthened on issues such as women, human rights and climate change.
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Courtesy of Dinar Guru
Mnt Goat I have to say it is all very good and the CBI and GOI are working together to move in the direction they need to take for us to very possibly see the reinstatement back to FOREX (Foreign Currency Exchange) by June or about. There are no obstacles. They must have a budget passed and in place. Also they must have agreements for the oil and gas law... we may be in the window to finally see this RV to the end... We will just have to sit tight and wait this one out.
Clare Article: "The Central Bank disables all electronic payment cards.. and a source of {Euphrates News} explains" Quote: "Master Card and [Suge] have been suspended, including palm cards, pending instructions from the Central Bank," noting that "most of the cards issued in Iraq are suspended due to a change in the central bank's system and may return to work in the next two days."
Markets Warning Technical DEFAULT Is Likely | Andy Schectman
Liberty and Finance: 5-16-2023
Andy Schectman says the Treasury market is signaling that the U.S. is headed to a technical default. This could result in a catastrophe for the financial system. Schectman warns that the system is extremely susceptible to shocks. "This is your advanced warning," he says
"The Reset That Is Planned...Is From Evil, To SUPER Evil" | Mike Maloney
5-8-2023
Mike sits down with Julia La Roche to reveal the ugly truth behind our fiat currency system. For years, Mike has been educating people about the issues that come with fiat currency, while advocating for a return to sound money.
However, the elites and central bankers are reluctant to do so and continue to benefit from the current corrupt system. Now, central banks and world governments are conspiring to create an even more insidious system that exerts more control over you and your cash - a central bank digital currency (CBDC).
“If they can come up with a central bank digital currency and get everybody on it, then you're trapped. If there is no other alternative, then at that point, they can do negative interest rates, they can increase taxes, to be able to pay all of this interest that we have to borrow ourselves deeper and deeper and deeper into debt every year just to keep the game going.” – Mike Maloney
And the scary part is that this reality is a lot closer than you may think. If you are concerned about preserving your purchasing power, this is a video you won’t want to miss. Mike explains everything in today’s video.